Eni confirms the award of the Sapukala block with 100% participating interest in the Kutei Basin, in Indonesia, within the framework of the first Indonesia Petroleum Bidding Round 2026. The award follows the execution of a joint study with a prominent Indonesian academic institution, in accordance with local regulatory requirements, and participation in the direct offer bid round.

The Sapukala offshore block covers a large area in the deep-water sector (1,000-2,500 m water depth) of the Kutei Basin, East Kalimantan. The acreage is adjacent to Eni’s existing operated and participated blocks and close to the future North Hub developments, now operated by Searah (Eni 50%, Petronas 50%), which include the Geng North, Gehem, Gula and Geliga gas and condensate discoveries (in total more than 14 Tcf of gas in place and 800 Mbbls of condensate).

Based on the study conducted, the acreage is considered highly prospective. Eni has recently completed a new high-quality seismic data acquisition programme which covers also the Sapukala block, laying the basis for an accelerated further evaluation of the block.

Eni has been present in Indonesia since 2001 and currently directly operates the Peri-Mahakam and Makassar Strait blocks. Since June 2026 Eni owns a 50% share together with Petronas of the newly formed Searah company that brings the two companies’ complementary portfolios, capabilities, and regional expertise to deliver long-term value creation and operational excellence across Indonesia and Malaysia. With a portfolio of 19 gas-producing and development assets —14 in Indonesia and 5 in Malaysia — Searah is producing around 350 kboe/d, aiming to exceed 500 kboe/d of sustainable production by 2028.

About Eni

Eni is a global energy tech company operating in 64 Countries, with about 32,500 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni's goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers.
In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni's areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy - a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.