Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-08-01 18:55:00

INDONESIA STARTS OUTPUT

INDONESIA STARTS OUTPUT

 

INDONESIA OIL GAS MAP

 

REUTERS wrote,  Indonesia expects to start natural gas production from two deepwater fields this year and next, even as major oil companies are reviewing the economics for other projects, a senior energy official said late on Thursday.

The Bangka project, majority owned by Chevron, will start operation in August, Wiratmaja Puja, the director general of oil and gas at Indonesia's Energy Ministry, told Reuters in an interview.

Italian oil firm Eni's Jangkrik project is 80 percent complete and is expected to commence operation in July 2017, he said.

Both projects are located in the Kutai Basin offshore East Kalimantan province where several projects are being planned under the name of the Indonesia Deepwater Development (IDD).

Two other IDD projects - Chevron's Gendalo-Gehem and Eni's Merakes - have been put on hold after oil and gas prices fell LNG-AS, Puja said.

The Indonesian government is in talks with the companies on providing more incentives to raise the internal rate of return for the deepwater projects to at least 25 percent, up from 10 to 15 percent currently, Puja said.

The companies have proposed incentives that include extending the length of the production sharing contracts for the deepwater projects beyond the initial 30 years because of their complexity and a longer exemption period for being obligated to sell to the domestic market.

"We're still discussing it. It's not decided yet," Puja said.

Chevron has a 62 percent interest in the Bangka project, according to its website. The project has a design capacity of 115 million cubic feet of natural gas and 4,000 barrels per day (bpd) of condensate, a light oil typically produced in association with gas.

The Jangkrik project, which Eni holds a 55 percent stake, is expected to produce 450 million cubic feet of natural gas and 4,400 bpd of condensate, according to the project contractor Saipem's website.

Separately, Indonesia has offered 17 oil and gas blocks in an auction this year, including the deepwater Surumana block, Puja said.

-----

Earlier: 

SOUTHEAST ENERGY WAR 

PERTAMINA SEEK PARTNERS 

INDONESIA & BP: 10,000 JOBS 

INDONESIA HAS CLAIMS 

WBG WANTS INDONESIA 

INDONESIA'S OIL DOWN

 

 

 

 

Tags: INDONESIA, GAS

Chronicle:

INDONESIA STARTS OUTPUT
2018, October, 17, 10:10:00

SAUDI - INDIA'S DOWNSTREAM

MEOG - Judaimi highlighted that the closer cooperation between Saudi Aramco and Indian energy entities is reflected in the partnership with RRPCL and ADNOC on the Ratnagiri mega-refinery and petrochemicals complex in Maharashta this year. He noted that nearly $2 billion in material-service sourcing with Indian companies to date; and the opening of the Aramco Asia India office in 2017.

INDONESIA STARTS OUTPUT
2018, October, 17, 10:05:00

U.S. IN EUROPE

REUTERS - The United States must not determine European energy policy or decide whether Germany buys Russian gas, a top German diplomat said on Tuesday.

INDONESIA STARTS OUTPUT
2018, October, 17, 10:00:00

TOTAL IN RUSSIA: THE LARGEST

FT - “Total has great ambition in this country, we want to be the largest foreign oil and gas player here,” the company’s chief executive Patrick Pouyanné said on Monday at the launch of a factory outside Moscow. 

INDONESIA STARTS OUTPUT
2018, October, 17, 09:55:00

PETROBRAS - CNPC COOPERATION

PLATTS - Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to complete construction of a refinery and revitalize four mature fields in the offshore Campos Basin, the state-owned Brazilian company said

All Publications »