Page 10 - GLNG Week 17 2021

GLNG ASIA GLNG

Eni said the new
production would both
feed domestic demand
and also extend the life
of the ageing Bontang
LNG plant.

Eni starts up Indonesian

deepwater gas field

PROJECTS & ITALIAN major Eni has started producing natu- sent its first shipment of Jangkrik produced LNG
COMPANIES ral gas from its deepwater Merakes project in the from the Bontang plant to Bali in 2017.
East Sepinggan block offshore Indonesia. Eni CEO Claudio Descalzi hailed Merakes’
The company said on April 26 that the pro- launch while also highlighting the production
ject had a guaranteed production capacity of synergies achieved through the tie-back. The
450mn cubic feet (12.74mn cubic metres) per executive said: “Merakes is one of Eni key pro-
day thanks to its five subsea wells. jects in 2021. It will support the growth of gas
East Sepinggan is located in East Kaliman- production, in line with Eni strategic goals.”
tan’s Kutei Basin in around 1,500 metres of water. Neptune Energy’s managing director in
Eni operates the block with a 65% stake, while Indonesia, Eko Lumadyo, said Indonesia pro-
Neptune Energy owns 20% and Pertamina holds vided his company with “strong opportunities
the remaining 15%. for growth”.
Merakes has been tied back to a floating pro- He added: “We have identified significant
duction unit (FPU) at the Eni-operated Jang- exploration potential in our acreage in the
krik field, which is located 45 km away in the Kutei Basin, which offers considerable growth
Muara Bakau block. Eni said the new field had potential through tie-back and standalone
been connected to the FPU via subsea pipelines, developments.”
thereby optimising the facility’s 750 mmcf (21.24 East Sepinggan’s licence was switched from
mcm) per day of production capacity. the cost-recovery production-sharing contract
After Merakes’ gas has been processed, it is (PSC) model to the gross split PSC system in
then exported to an onshore receiving facility December 2018.
(ORF) in Senipah via Jangkrik’s existing export In addition to their partnership in East
pipelines. Jangkrik produces gas from 10 subsea Sepinggan, Eni, Neptune and Pertamina are
wells. developing the West Ganal PSC. The licence also
Eni said the new production would feed lies in the Kutei Basin adjacent to the Jangkrik
domestic demand while also extending the life and Jangkrik NE fields and includes the Maha
of the ageing Bontang LNG plant. State-owned discovery, which is estimated to have more than
Pertamina operates the export terminal, which is 600bn cubic feet (16.99bn cubic metres) of in
the country’s first having been built in 1977. Eni place gas resources.™

P10 www. NEWSBASE .com Week 17 30•April•2021