Page 12 - AsianOil Week 08 2021

AsianOil NEWS IN BRIEF AsianOil

S O UTH ASIA Contract (PSC), offshore East Java, Indonesia. Pavilion Energy Trading & Supply Pte.
PC North Madura II Ltd. is the operator Ltd.1(“Pavilion Energy”) and Chevron
with 100 per cent participating interest in the U.S.A. Inc (Singapore Branch) (“Chevron”)
Indian Oil, Greenstat North Madura II PSC. have signed a six-year LNG sale and
purchase agreement (SPA) for the supply of
The Hidayah-1 exploration well was
Hydrogen sign Statement of spudded on 7 January 2021 and safely approximately 0.5 million tonnes of LNG per
drilled to a depth of 2,739 metres. The
year to Singapore from 2023.
Intent well encountered an oil-bearing carbonate transparency in the LNG value chain and as
To promote increased sustainability and
build-up with good reservoir qualities in the
Minister of Petroleum and Natural Gas Ngimbang carbonate formation and tested required by Pavilion Energy under its supply
& Steel Shri Dharmendra Pradhan today at approximately 2,100 BOPD with good tender2, each LNG cargo delivered under this
witnessed the signing of a Statement of crude quality. The Hidayah-1 exploration well agreement will be accompanied by a statement
Intent between IndianOil Corp. Ltd. and results will be further assessed to ascertain its of its greenhouse gas (“GHG”) emissions
M/s Greenstat Hydrogen India Pvt. Ltd., a potential. measured from wellhead to discharge port.
subsidiary of Greenstat Norway for setting Petronas Vice President of Exploration, In addition to supplying LNG to Singapore,
up of Centre of Excellence on Hydrogen. Upstream, Emeliana Rice-Oxley said: “The Pavilion Energy and its strategic partners
This association aims to develop a Center of discovery at the Hidayah-1 exploration are committed to co-develop and implement
Excellence on Hydrogen (CoE-H) including well marks an important milestone for the a GHG quantification and reporting
CCUS and Fuel Cells by IndianOil and M/s North Madura II PSC as it has proven oil methodology for LNG. The methodology
Greenstat for clean energy in cooperation potential of carbonate build-up in the area. is being developed based on internationally
with Indo-Norwegian Hydrogen Cluster This is an encouraging development and is a recognised standards and will cover emissions
companies/organizations. testament to the vast exploration potential in from wellhead-to-discharge terminal,
The CoE-H will facilitate transfer and Indonesia. We look forward to strengthening including LNG transportation.
sharing of technology, know-how and our relationship and collaboration with the PAVILION ENERGY, February 22, 2021
experience through the green Hydrogen government towards delivering clean, safe
value chain and other relevant technologies and reliable energy supply to the Republic of
including hydrogen storage and fuel cells. The Indonesia.” EAST ASIA
CoE-H will be a vehicle for promoting R&D PC North Madura II Ltd. President,
projects in Green and Blue Hydrogen between Mohd Nazlee Rasol added: “We are thankful Soma LNG terminal resumes
Norwegian and Indian R&D institutions/ for the strong support given by SKK Migas
universities. Working closely with Industry and the Local Government of Kabupaten operation
and Governments on both sides, CoE-H Sampang in making the drilling of Hidayah-1
will be levering its intellectual strengths in exploration well a success. This discovery Japan Petroleum Exploration Co., Ltd.
developing cost-efficient and scalable and is proof of PETRONAS’ commitment to (JAPEX) announced that the Soma LNG
sustainable technological solutions. The continue growing our upstream business in terminal (Shinchi-machi, Fukushima
CoE will also pilot fuel cell research. The the country.” Prefecture), which was temporarily shut
institute will also act as a think-tank towards Petronas is also the operator for the Bukit down following the earthquake off the coast
developing codes and standards for best Tua oil and gas field offshore East Java and is a of Fukushima Prefecture that occurred on
industrial practices, safety, product protocols joint venture partner in six other PSCs located February 13, 2021, resumed power generation
and regulations in the area of hydrogen both onshore and offshore Sumatera, Natuna fuel supply to the Fukushima Natural Gas
and fuel cells. The partnership between Sea, East Java as well as Kalimantan. Power Plant owned by Fukushima Gas Power
IndianOil and Greenstat will actively assist PETRONAS, February 24, 2021 Ltd. (FGP), located adjacent to the Soma LNG
partners/stakeholders to develop business Terminal today.
models based upon feasibility studies besides Pavilion, Chevron sign LNG In conjunction with the resumption of
facilitating consultancies to industry, utilities fuel supply from the Soma LNG terminal, the
and regulators on hydrogen storage, hydrogen supply agreement FGP’s power plant also resumed operation
production, refueling stations, fuel cells and today.
CCUS technologies. Pavilion Energy and Chevron have signed a JAPEX’s Soma LNG terminal: Resumed
INDIAN OIL, February 18, 2021 six-year LNG sale and purchase agreement for the fuel supply to the FGP power plant on
the supply of approximately 0.5 million tonnes February 19.
of LNG per year to Singapore from 2023. After temporarily suspending operations
SOUTHEAST ASIA At the signing ceremony were Mr Frédéric to confirm safety following to the earthquake,
H. Barnaud (left), Group CEO of Pavilion we have sequentially resumed operations at
Petronas makes oil Energy, and Mr Law Tat Win (right), Chevron facilities whose safety has been confirmed
Singapore Country Chairman.
through inspections, restoration measures,
discovery in East Java, a six-year LNG sale and purchase agreement and trial runs. On February 16, the LNG
Pavilion Energy and Chevron have signed
regasified gas supply operations to the gas
Indonesia for the supply of approximately 0.5 million pipeline network and delivery by LNG tank
tonnes of LNG per year to Singapore from
trucks have been resumed.
Petronas through its subsidiary, PC North 2023. At the signing ceremony were Mr With the confirmation of the safety on
Madura II Ltd., has made an oil discovery at Frédéric H. Barnaud (left), Group CEO of related facilities at the terminal, the supply of
the Hidayah-1 exploration well, located within Pavilion Energy, and Mr Law Tat Win (right), LNG regasified gas for power generation to
the North Madura II Production Sharing Chevron Singapore Country Chairman. the power plant resumed today.

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