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  • Eni awarded West Ganal Exploration Block in the Kutei Basin Indonesia
    édité le 26/08/2019 - Plus de news de "ENI" - Voir la fiche entreprise de "ENI"


Eni awarded West Ganal Exploration Block in the Kutei Basin Indonesia
Eni (40% Operator) and its partners, Pertamina (30%) and Neptune (30%), have been awarded by the Ministry of Energy and Mineral Resources the West Ganal exploration block in the Kutei Basin, offshore Indonesia, as a result of the second conventional oil and gas bidding round 2019.

West Ganal is a new Gross Split PSC (Production Sharing Contract) covering an area of about 1,129 square kilometers adjoining the Eni operated Muara Bakau and East Sepinggan PSCs, in the Makassar Strait offshore East Kalimantan. This additional award reinforces the strategic cooperation in the Kutei Basin with Pertamina and Neptune, already partners in the producing Jangkrik field in Muara Bakau block.

The block includes the Maha discovery with in place gas resources estimated in excess of 600 Bscf (Billions of standard cubic feet of gas) and further exploration potential, whose development and time-to-market will benefit from the proximity of the facilities of the Jangkrik field operated by Eni, accordingly to Eni's “near field” strategy that optimizes synergies with existing infrastructures.

Furthermore, this award expands Eni’s position and upstream activities in the East Kalimantan’s Kutei Basin, which is one of the most promising hydrocarbon provinces in Indonesia.

In the Muara Bakau PSC, Eni commenced production from the Jangkik deepwater field in May 2017. In April 2018, Eni was also granted the approval of the Plan of Development for the Merakes discovery located in East Sepinggan PSC.

This new project will allow a further increase in the availability and flexibility of gas supply both for the domestic market and for export, as well as strengthening Eni’s position in the LNG market in Asia-Pacific.

Eni has been operating in Indonesia since 2001 and currently has a wide portfolio, in fourteen permits, in the exploration and production, as well as development assets.

About ENI

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.

About Pertamina (Persero)

Pertamina is Indonesia’s leading integrated energy company. We are committed to an ongoing process of transformation and continuous improvement with the objective to achieve global standards of operational, environmental, and corporate performance. Our businesses include exploration and production (oil and gas), refining, manufacturing and marketing of oil products and petrochemicals. We are also engaged in the development of biofuels, geothermal power and other sustainable alternative energy sources.

About Neptune Energy

Neptune Energy is an independent global E&P company with operations across the North Sea, North Africa and Asia Pacific. Neptune had production of around 160 thousand net barrels of oil equivalent per day in 2018 and 2P reserves at 31st December 2018 of 638 million barrels of oil equivalent. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.


Origine : Communiqué ENI

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