Page 12 - AsianOil Week 08 2022

AsianOil NEWS IN BRIEF AsianOil

SOUTHEAST ASIA BOPD of oil and 498 mmcf per day of gas. A opportunities for cooperation in LNG
short, medium-term, and well-planed strategy infrastructure, terminal utilisation, LNG sales,
Optimistic to reach is needed to meet the Zone 4 oil and gas purchase business activities, and gas or LNG
production target, which is 23,700 BOPD of
business development in Korea.
production target, oil and 498 MMSCFD of gas. of a more comprehensive cooperation
“The MoU aims to support the preparation
PERTAMINA, February 21, 2022
Pertamina drills three Committed to reduce realization, both for discussion and
implementation related to investment and
development wells utilization of the products or services of each
party,” said Haryo.
Pertamina’s upstream subholding through carbon emissions, PGN as Haryo hopes that this collaboration
the Zone 4 Sumatra Regional, SKK Migas’ Pertamina’s gas subholding will not only provide benefits for PGN and
Cooperation Contract Contractor (KKKS), SK. But it also supports the government
is optimistic to achieve its production signs MoU with Korea SK regarding carbon capture and storage/
target in 2022. Pertamina EP Prabumulih carbon capture, utilisation, and storage (CCS/
Field, included in Zone 4 Sumatra Regional E&S CCUS) technology usage in the oil and gas
Upstream Subholding, has successfully industry. Thus, having a positive impact on
recorded an additional 709 barrels of oil per In the attempt of developing clean energy, the Indonesian economy. The government,
day (BOPD) from the KRG-PA1 well. Besides especially in the liquid natural gas (LNG), through the Ministry of Energy and Mineral
that, Zone 4 Sumatra Regional drilled another hydrogen and carbon capture and storage Resources, is developing the potential for
3 development wells, namely TMB-PA and (CCS) businesses, PGN as Pertamina’s gas CCS/CCUS cooperation as one of the business
KRG-PA2 by Pertamina EP Prabumulih and subholding establishes a synergy with an co-operation schemes in handling climate
PMN-E by Pertamina EP Limau Field. energy company from South Korea, namely change.
The TMB-PA well was drilled on February SK E&S Co., Ltd (SK). This collaboration PERTAMINA, February 24, 2022
16, 2022, using the PDSI #20.2/EMSCOD2-M was also initiated to increase the growth of
rig with an estimated time of 50 days and is the natural gas business and efforts to reduce PIS ship aggressively
projected to increase oil production by 250 carbon emissions.
BOPD. On the same date, the KRG-PA2 This collaboration was inaugurated in exports 150,000 barrels of
well was also drilled using the PDSI #32.2/ the signing of the MOU by PGN’s director
N80UE-E rig for an estimated 44 days and is of strategy and business development, Heru Indonesian oil to Thailand
projected to increase oil production by 140 Setiawan, and vice president of SK E&S, Ho
BOPD. On February 18, 2022, Pertamina Sik Lee, Tuesday (22/02/2022). Pertamina International Shipping (PIS)
EP Limau Field, included in Zone 4 Sumatra SK is a company that focuses on electricity, make another achievement by expanding
Regional, continued drilling the PMN-E well LNG, renewable energy, communal energy, its business in the international market. On
using the PDSI #39.3/D1500-E/PDSI rig with city gas, various overseas energy businesses, February 15, 2022, the MT Petromax ship
an estimated time of 32 days and a 150 BOPD and business development in hydrogen and successfully exported 150,000 barrels of
production target of oil and 2mn gas standard CCS. oil from the Pangkah Block, Indonesia, to
cubic feet per day (mmcf per day). The CEO of gas subholding PGN, M. Thailand.
The three development wells are located Haryo Yunianto, explained that PGN and The MT Petromax ship is one of the vessels
in two administrative areas, including SK would conduct a joint study regarding operated by PIS. The 34,000 DWT vessel has
Muara Enim Regency and Prabumulih City, the potential for cooperation in hydrogen completed the shipment of crude oil exports
South Sumatra Province. The drilling plan and CCS development in Indonesia. In from the Pangkah Block managed by PT Saka
was coordinated with the local district/city addition, PGN & SK will seek opportunities to Energi to the Koh Sichang port terminal,
government had received positive support. develop gas business in Indonesia and Korea, Thailand.
Matnur Latif, the Head of the Prabumulih including conducting LNG trading. This oil export shipment is PIS co-
City Research and Development Agency, “SK has experiences and capability in the operation agreement result with TIS
expressed his support and hopes that this field of hydrogen and CCS development. Petroleum, an oil buyer from the Pangkah
drilling will run smoothly and succeeds in With this MoU, it is hoped that PGN and SK Block.
increasing Pertamina’s oil and gas production. can exchange information and communicate Commanded by Captain Ende Nurjaman
“We hope that Pertamina’s efforts are efficiently. Therefore, the appropriate with 27 crew, MT Petromax is also the maiden
successful, that can increase regional income technology to reduce carbon emissions in ship used by PIS for shipping oil exports by
through the oil and gas revenue-sharing natural gas utilisation can be applied,” said Cooperation Contract Contractors (KKKS) or
mechanism, and provide a multiplier effect, Haryo. domestic oil producers.
especially for the community. We always CCS or carbon capture and storage Arief K. Risdianto, director of PIS
support Pertamina’s efforts to increase oil and includes reducing greenhouse gas emissions operations, said the shipment of crude oil
gas production,” said Latif. activities, such as separating and capturing exports was a milestone for the company to
The General Manager of Zone 4, Agus carbon emissions or CO2 gas. Then the be more aggressive in working on markets
Amperianto, said that the aggressive steps carbon emissions will be captured to the outside of Pertamina. Of course, the potential
of KKKS incorporated in Zone 4 of the storage area or the injection target zone is still very large.
Sumatra Subholding Upstream Region are storage safely and permanently, in line with “The success of MT Petromax in
not without reason, to meet the Zone 4 oil engineering rules. transporting crude export cargo is proved
and gas production target, which is 23,700 PGN and SK are also considering to PIS’ commitment in developing the

P12 www. NEWSBASE .com Week 08 25•February•2022