Eni gains further PSC in gas-rich basin offshore Indonesia

Indonesia’s government has awarded Eni a 100% operated interest in the East Ganal deepwater exploration block in the Kutei basin.

Offshore staff

SAN DONATO MILANESE, Italy – Indonesia’s government has awarded Eni a 100% operated interest in the East Ganal deepwater exploration block in the Kutei basin.

This is a new “gross split” production-sharing contract (PSC) covering 5,100 sq km (1,969 sq mi) and adjoining the company’s Muara Bakau and East Sepinggan PSCs in the Makassar Strait offshore East Kalimantan.

In the Muara Bakau PSC, production started a year ago from the deepwaterJangkrik field and last month, Eni gained approval for its plan to develop the Merakes discovery in East Sepinggan.

This project, using existing Jangkrik production and Bontang LNG facilities, will increase flexibility of gas supply both to Indonesia’s domestic market and for export.

05/04/2018

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