Page 13 - AsianOil Week 25 2022

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2021 Oil and Gas Working Area Bid Round Petroleum Bid Round 2021 and holds a 100% becoming a developed state by 2030.
on March 18, 2022. equity in the 3,131.8-square km block with The earmarked land will be leased to
“Our presence in Indonesia is now water depths of up to 100 metres below sea- build an onshore plant complex which forms
extended from the east in Papua Barat level. part of the Sarawak Integrated Sour Gas
through our Tangguh LNG, the largest The PSC was signed at the Indonesia Evacuation System (SISGES) project. The
producing gas field in Indonesia where Ministry of Energy and Mineral Resources SISGES project is expected to be the catalyst
we are also progressing one of our major office, where Petronas was represented by PC for more development of untapped sour
CCUS projects, to the west in Aceh through Ketapang II Ltd President Director, Yuzaini gas resources off the coast of Sarawak. The
our partnership in Andaman II and now Md Yusof while SKK Migas was represented development plan for the SISGES project is
is complemented by adding Agung I and by Head of SKK Migas, Dwi Soetjipto. currently undergoing its final review process
Agung II in East Java. We would like to thank Petronas vice president of exploration, prior to investment decision by investors and
the Indonesian government, especially our upstream, Mohd Redhani Abdul Rahman the necessary statutory approvals.
colleagues in the Ministry of Energy and said: “The signing of the North Ketapang The land HoA was signed at the Borneo
Mineral Resources and SKK Migas for their Block further enhances Petronas’ existing Convention Centre Kuching, where SEDC
continued strategic support and partnership” upstream portfolio in Indonesia, providing was represented by its general manager Haji
said Nader Zaki, BP regional president Asia the opportunity to address the growing energy Abdul Hadi Datuk Haji Abdul Kadir and
Pacific. demand of the country. Petronas is extremely Petronas by its senior general manager of
The Agung I block covers an area of 6,656 pleased to be awarded this PSC and we will governance and strategic relations, Maslina
square km deepwater offshore Bali and East work closely with our partners as well as SKK Awang. Signing on behalf of Shell and
Java, while the Agung II block is located in Migas to unlock the hydrocarbon potential PTTEP were the general manager of Malaysia
deepwater offshore of South Sulawesi, West that lies within the block.” projects, Richard Kho and country manager,
Nusa Tenggara and East Java covering an area Petronas is also the operator for the Dr. Terapol Phoonsiri, respectively.
of 7,970 square km. The area is underexplored Ketapang PSC and North Madura II PSC, PETRONAS, June 23, 2022
with significant potential of gas resource close offshore East Java and is a joint venture
to growing gas demand. partner in six other PSCs located both
BP executive vice president for gas and onshore and offshore of Sumatra, Natuna Sea, OCEANIA
low carbon energy Anja-Isabel Dotzenrath East Java, as well as East Indonesia.
highlighted: “BP is very proud of being a PETRONAS, June 24, 2022 Galilee Energy – Drilling
strategic energy partner of Indonesia as one of
the largest foreign direct investors in country. SEDC, Petronas and programme complete
We are so excited of the addition of Agung I
and II blocks to our portfolio of assets and we investors sign land heads Galilee Energy is pleased to provide the
are committed to continue growing our gas following drilling update and announce that
and low carbon business in Indonesia.” Anja of agreement Silver City Rig 23 has completed the sixth and
said. final well of this year’s current programme at
BP, June 20, 2022 The Sarawak state government through the multi-well pilot.
Sarawak Economic Development Corp. Glenaras 29 was the sixth and final well of
Petronas signs production- (SEDC) today entered into a land heads of the 2022 programme and was drilled to a total
depth of 1,039 metres, with all Betts Creek
agreement (HoA) with Petronas, Sarawak
sharing contract for the Shell Berhad and PTTEP HK Offshore for a Beds coal seams intersected as prognosed.
A total of 27 metres of net coal has been
long-term lease of land within the Petchem
North Ketapang block Industrial Park in Tanjung Kidurong, confirmed with excellent gas shows. The rig
Bintulu, Sarawak. Both the land and Petchem
was released yesterday and is demobilising off
Petronas North Ketapang, a subsidiary of Industrial Park belong to SEDC. our site. Notwithstanding the potential risks
Petronas, has signed a production-sharing The creation of the Petchem Industrial around drilling through a depleted reservoir
contract (PSC) for the North Ketapang block Park by SEDC in 2020 was to encourage active area, this well was successfully completed and
located onshore and offshore East Java, participation from domestic and international marks the end of the drilling component of
Indonesia. investors, to intensify Sarawak’s downstream the overall programme. All existing wells will
Petronas won the North Ketapang block oil and gas activities. This is in line with the now be progressively brought back online over
during the second round of Indonesia Sarawak state government’s aspiration towards the coming weeks with surface facilities work

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