Italian Company Eni to Sponsor Gas Field Development in Indonesia
Italian energy company Eni plans to invest $10 billion in the development of offshore gas fields in Indonesia’s East Kalimantan province, according to Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia. “The proposed investment of ten billion dollars in East Kalimantan will be directed toward the development of offshore …
Eni Has Commenced Natural Gas Production at the Merakes East Field in the Republic of Indonesia
The Italian energy company Eni has announced the commencement of natural gas production at the Merakes East field, located in the Kutai Basin of the Republic of Indonesia. The company made the announcement in an official press release on Tuesday, according to a report by Reuters. This field is part …
Eni Discovers Large Gas Field in Indonesia
Italy’s Eni has discovered a large gas field in the Geng North-1 exploration well in Indonesia, with the volume of gas discovered tentatively amounting to 5 trillion cubic feet, the company said in a press release. “Eni announces the discovery of a large gas field in the Geng North-1 exploration …
Shell and Chevron are Leaving, but Indonesia Hopes to Double Gas Production
Indonesia hopes that the recent withdrawal of companies from two long-delayed gas projects will give a boost to their development. The country’s leadership wants to double gas production by 2030, to 12 billion cubic meters. foot per day. The Masela and IDD projects, whose total cost is estimated at $27 …
Pertamina and Petronas Aim to Replace Shell in Masela Gas Project
Indonesian and Malaysian state-owned energy companies Pertamina and Petronas plan to jointly buy Shell’s stake in Indonesia’s Masela gas project. This was stated by the Minister of Energy of Indonesia A. Tasrif on the sidelines of the Energy Asia conference in Kuala Lumpur. Companies should soon determine the scheme of …