Page 8 - AsianOil Week 17 2021
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Eni starts up Indonesian
deepwater gas field
PROJECTS & ITALIAN major Eni has started producing natu-
COMPANIES ral gas from its deepwater Merakes project in the
East Sepinggan block offshore Indonesia.
The company said on April 26 that the pro-
ject had a guaranteed production capacity of
450mn cubic feet (12.74mn cubic metres) per
day thanks to its five subsea wells.
East Sepinggan is located in East Kaliman-
tan’s Kutei Basin in around 1,500 metres of water.
Eni operates the block with a 65% stake, while
Neptune Energy owns 20% and Pertamina holds
the remaining 15%.
Merakes has been tied back to a floating pro-
duction unit (FPU) at the Eni-operated Jang-
krik field, which is located 45 km away in the
Muara Bakau block. Eni said the new field had
been connected to the FPU via subsea pipelines, Image: Eni
thereby optimising the facility’s 750 mmcf (21.24
mcm) per day of production capacity. Neptune Energy’s managing director in Indo-
After Merakes’ gas has been processed, it is then nesia, Eko Lumadyo, said Indonesia provided his
exported to an onshore receiving facility (ORF) in company with “strong opportunities for growth”.
Senipah via Jangkrik’s existing export pipelines. He added: “We have identified significant
Jangkrik produces gas from 10 subsea wells. exploration potential in our acreage in the Kutei
Eni said the new production would feed Basin, which offers considerable growth potential
both domestic demand while also extending through tie-back and standalone developments.”
the life of the ageing Bontang liquefied natural East Sepinggan’s licence was switched from
gas (LNG) plant. State-owned Pertamina oper- the cost-recovery production-sharing contract
ates the export terminal, which is the country’s (PSC) model to the gross split PSC system in
first having been built in 1977. Eni sent its first December 2018.
shipment of Jangkrik produced LNG from the In addition to their partnership in East
Bontang plant to Bali in 2017. Sepinggan, Eni, Neptune and Pertamina are
Eni CEO Claudio Descalzi hailed Merakes’ developing the West Ganal PSC. The licence also
launch while also highlighting the production lies in the Kutei Basin adjacent to the Jangkrik
synergies achieved through the tie-back. The and Jangkrik NE fields and includes the Maha
executive said: “Merakes is one of Eni key pro- discovery, which is estimated to have more than
jects in 2021. It will support the growth of gas 600bn cubic feet (16.99bn cubic metres) of in
production, in line with Eni strategic goals.” place gas resources.
SKK Migas aims for 2021 launch
of Tangguh LNG expansion
PROJECTS & INDONESIA’S upstream regulator SKK Migas “God willing, a tough project will come on
COMPANIES has said it hopes BP can bring the third train of stream at the end of this year,” Sutjipto told a vir-
its Tangguh liquefied natural gas (LNG) project tual press conference.
on stream by the end of the year. Train 3 had been slated for completion in
SKK Migas head Dwi Sutjipto said on April the third quarter of this year, but was pushed
26 that the onshore component of the project back last year to October-December 2021 after
was the last hold-up and that if development is the coronavirus (COVID-19) pandemic drove
sped up then Tangguh LNG Train-3 should be the government to implement labour restric-
wrapped up this year. tions. BP reduced the number of workers on the
P8 www. NEWSBASE .com Week 17 29•April•2021
