Page 18 - AsianOil Week 02 2021

AsianOil NEWS IN BRIEF AsianOil

Pertamina Cilacap refinery Hainan Free Trade Zone (FTZ) in South
SOUTHEAST ASIA to expand its refinery development in the
Pertamina completes Tiung optimises Pertalite China.
Once completed, the ethylene renovation
Biru Jambaran Drilling production and expansion project will produce up to
one million tonnes of ethylene derivatives
The Gas Drilling Project carried out by PT As an effort to increase the use of and refined oil on an annual basis and is
Pertamina EP Cepu (PEPC) in the operational environmentally friendly vehicle fuels, expected to boost economic growth in China’s
area of the Jambaran - Tiung Biru Project is PT Pertamina (Persero) through the Sub downstream sector by more than 100 billion
nearing its end. Until the period of January Holding PT Pertamina International Refinery yuan ($14.1 billion). Output from the Hainan
2021, Drilling and Riglees Completion at Refinery Unit IV Cilacap successfully FTZ will serve ethylene demand across China
Operations have succeeded in working faster carried out the initial lifting of Pertalite and globally.
than the target. The PEPC Drilling Team products up to 2.1 million barrels per month Under the new contract, EPC
managed to save up to 56 days of processing or 334 thousand kilo liters (KL). The lifting services for the sitewide pipe rack and
time ahead of schedule. procession was marked by the initial transfer associated pipework, cables for power,
In the world of the oil and gas industry, the of Pertalite products from RU IV to Lomanis telecommunications and lighting will be
condition of saving working time is an achievement, Fuel Terminal which was officially carried delivered by Wood’s engineering and project
especially when it is accompanied by the achievement out by General Manager of Pertamina RU IV, management teams based in Shanghai and on
of no accidents or injuries at work. JTB Project Joko Pranoto accompanied by the Executive site.
Workers have worked hand in hand with the motto General Manager of Central Java Regional, Mike Collins, Wood’s Executive President
Spirit to Zero Accident, and managed to achieve more Sylvia Grace Yuvenna on Thursday. of Projects comments: “We are delighted to
than 1.6 Million Safe Work Hours. According to the Acting. Unit Manager win this new contract with Sinopec which
This achievement was obtained thanks to Communication, Relations & CSR of demonstrates the strength of our long-
the cooperation and hard work of the JTB Pertamina Regional Central Java, Kevin standing relationship with the client and their
team and all stakeholders, both the energy, Kurnia Gumilang, with the optimization confidence in our extensive EPC expertise in
thoughts and technology used, as well as the of Pertalite production at RU IV Cilacap, the petrochemical sector.
blessing of God Almighty. making the stock and distribution of “We look forward to continuing our
“We use Pertamina Drilling Services these products in the Central Java region partnership to deliver this project safely,
Indonesia or PDSI Cyber Walking Rig safer. “Currently, according to the data we sustainably and on-time, making a positive
which is very efficient for drilling using the have, consumption of petrol products, the contribution to this significant development.
planned Batch Drilling method. All of these Pertalite type, dominates distribution in “Wood is uniquely placed to leverage
achievements are proof that Pertamina, all petrol stations in Central Java with an our engineering design expertise and
through its officers, is able to manage Drilling average daily percentage of 75% or around global petrochemical track record to play a
Operations at high risk hazards excellence in 9,000 kiloliters per day,” he said. significant role in the growth of Sinopec’s
both the operational and HSSE aspects. Pertalite is a fuel product for gasoline from business and the economic development of
Support from management and all Pertamina, which was launched in 2015. Hainan, boosting the local supply chain.”
stakeholders, especially during the Covid “With an octane number or Research Octane WOOD, January 12, 2021
19 Pandemic, is also the key to the success Number (RON) 90, Pertalite products answer
of this Drilling and Rigless Completion the needs of current vehicle specifications,
campaign. The JTB project’s Drilling and which on average require RON above 90 as OCEANIA
Rigless Completion Campaign was able to fuel. The specifications of the vehicle engine
perform operational cost efficiency by 11% must be adjusted to the octane number of Ironbark-1 Plug and
and operational time by 21%. the fuel in order for complete combustion
Single Trip Perforation technology long to occur so that vehicle exhaust emissions Abandon complete
intervals of up to 800 feet and Smart Coiled become more environmentally friendly,
Tubing (ACTive) Distributed Temperature “concluded Kevin. The Ocean Apex drilling rig has completed
Sensing (DTS) technology in high rate gas PERTAMINA, January 7, 2021 its work scope to plug and abandon the
wells, with a content of 8000 ppm H2S and Ironbark-1 well and departed the well
34% CO2 which is carried out rigorously is location at midnight Monday 11th January
the first time in Indonesia with involving EAST ASIA 2021(AWST).
100% Indonesian men and women. I hope Cue CEO Matthew Boyall commented on
this technology can be applied to similar Wood secures $120mn the well and Cue’s ongoing business:
operations both in other Pertamina Upstream “The results of the Ironbark-1 well were
Subholding Regions and KKKS throughout contract for ethylene disappointing, but we thank BP, the operator
Indonesia which have similar operational of the permit, for their safe and professional
conditions to the JTB field, “said Awang expansion in China execution of the drilling operations.
Lazuardi, as the President Director of PEPC. Cue has a strong underlying business with
Well testing operations up to a rate of 60 Wood, the global consulting and engineering 2 projects currently in the development phase
MMSCFD are also safe and conducive. All company, has secured a contract valued in addition to the continuing revenue from
of this happened, because PEPC worked at over $120 million with Sinopec Hainan the Maari and Sampang projects.
together with reliable and trusted partners, as Refining and Chemical Limited Company With cash reserves available, Cue continues
well as support from stakeholders. (Sinopec) to provide engineering, to look for new, value adding opportunities.”
PERTAMINA, January 14, 2021 procurement and construction (EPC) services CUE ENERGY, January 13, 2021

P18 www. NEWSBASE .com Week 02 14•January•2021