Eni SpA has made remaining funding selections to proceed with the Gendalo and Gandang fuel challenge (South Hub) and Geng North and Gehem fields (North Hub) offshore Indonesia.
Anticipated to go surfing 2028, the initiatives are designed so as to add as much as 2 billion cubic ft a day (Bcfd) of pure fuel and 90,000 barrels per day of condensate to the Italian state-backed firm’s manufacturing capability, it mentioned in a press launch Wednesday. Eni expects to succeed in peak manufacturing on the new initiatives in 2029.
The initiatives are amongst property Eni agreed final yr to contribute to its pending three way partnership with Malaysia’s Petroliam Nasional Bhd (Petronas).
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“The Gendalo and Gandang growth plan, in water depths starting from 1,000-1,800 meters [3,280.84-5,905.51 feet], contains the drilling of seven producing wells and the set up of deepwater subsea manufacturing methods tied again to Jangkrik FPU [floating production unit]”, Eni mentioned Wednesday.
“For the North Hub, the challenge foresees the drilling of 16 producing wells at water depths between 1,700 and a couple of,000 meters, and the set up of subsea methods linked to a newly constructed FPSO [floating production, storage and offloading vessel] able to processing over 1 bscfd [billion standard cubic feet per day] of fuel and 90,000 bpd of condensate, with a storage capability of 1.4 million barrels.
“The mixed volumes in place for the 2 initiatives quantity to just about 10 Tcf [trillion cubic feet] of fuel initially in place, with 550 million barrels of related condensate”.
The fuel can be transported by way of pipeline to a receiving facility feeding an present pipeline community and the Bontang liquefaction plant. The liquefied pure fuel (LNG) produced can be delivered to each the home and abroad markets. The condensate can be processed and saved offshore within the FPSO for export by way of a shuttle tanker, in line with Eni.
“The event plan additionally contains extending the working lifetime of the Bontang LNG plant by reactivating certainly one of its presently idle liquefaction trains (Practice F)”, it added.
“These initiatives reaffirm Eni’s lengthy‑time period dedication to Indonesia’s rising offshore fuel sector, enhancing fuel provide whereas maximizing synergies with present infrastructure in East Kalimantan and the involvement of great native content material.
“Particularly, the event of Geng North and Gehem will set up a brand new manufacturing hub within the northern Kutei Basin, creating extra tie-back alternatives for future discoveries”.
Authorities within the Southeast Asian nation permitted Eni’s growth plans for the initiatives in 2024. Eni on the time additionally secured a 20-year extension to the Indonesia Deepwater Growth fuel challenge, which consists of the Ganal and Rapak blocks, as introduced by the corporate August 23, 2024.
Eni found Geng North about three years in the past beneath the North Ganal manufacturing sharing contract (PSC), as introduced by the corporate October 2, 2023. Gehem in the meantime got here beneath Eni when it acquired Chevron Corp’s working stake within the Rapak PSC, in addition to the Ganal and Makassar Straits PSCs, in 2023.
The Ganal, North Ganal, Makassar Straits and Rapak blocks sit within the Kutei Basin off the coast of East Kalimantan province. The province is on the Indonesian aspect of Borneo, an island shared with Brunei and Malaysia.
Final yr Eni and Petronas signed an settlement to mix their property in Indonesia and Malaysia into an organization equally owned by the state-controlled oil and fuel producers.
The impartial firm, to be known as NewCo, will concentrate on gas-producing and growth property together with in Indonesia’s Kutei Basin, Eni mentioned in a web based assertion November 3, 2025. The mixture would create a “main” LNG participant within the Asian market, Eni and Petronas mentioned within the prior memorandum of understanding they introduced February 27, 2025.
At present Eni has an annual manufacturing of 35 million barrels of oil equal together with 183 Bcf of fuel in Indonesia, it says on its web site.
To contact the writer, e mail jov.onsat@rigzone.com
