LogIn LogOut

Indonesia

December 16, 2012

The BP-operated Tangguh LNG project in West Papua, Indonesia has received approval in principal from the Indonesian Ministry of Energy & Mineral Resources and oil & gas agency BPMIGAS for a Plan of Further Development (POFD). This expansion involving development of a third 3.8mtpa LNG train costing $12 billion was announced after a bilateral meeting in London between UK prime minister David Cameron and Indonesia president Susilo Bambang Yudhoyono, attended by BP Group CEO Bob Dudley, and William Lin, BP regional president Asia Pacific.

In the run up to a final investment decision expected in 2014, tendering for front end engineering and design services has started in anticipation of operations starting in late 2018. All three trains will have total LNG capacity of 11.4mtpa. BP and partners have agreed to supply 40% of LNG output from the third train to state electricity company PT PLN (Persero).

Total has started up the South Mahakam Gas Project, offshore East Kalimantan. Total E&P Indonesie, project operator in 50:50 joint venture with Inpex, will implement phased development of the Stupa, West Stupa and East Mandu condensate fields and the Jempang and Metulang gas fields, located about 35km southeast of Balikpapan and 80km south of the Mahakam Delta in water depths of 45-60m. Phase one involves the installation of three platforms and drilling nineteen wells.

Production is expected to reach an average of 69,000boe/d by end-2013, to be exported through a new pipeline to the Senipah onshore terminal, a portion of the gas to be sent for liquefaction at the Bontang LNG plant.

The Indonesian Ministry of Energy & Mineral Resources is offering 23 new production sharing permits located on-and offshore Sumatra, onshore Kalimantan, in the Makassar Strait, Java Sea, East Nusa Tenggara Sea, Natuna Sea and West Papua, seven blocks through a regular bidding process and 16 blocks directly. The concessions include West Asri, Merangin III, Bimasakti, Central Mahakam, Sangau, Menduwai, Kahayan, North East Sepanjang, Offshore North X-Ray, Seringapatam I and II, West Tuna, Wanapiri and West Misool.



Current News

Barakah Offshore Files Petronas Carigali Claim

Barakah Offshore Files Petronas Carigali Claim

GC Rieber Crew Boats Stay in Russian Far East

GC Rieber Crew Boats Stay in Russian Far East

PetroChina's oil and gas trade turnover up 5% in 2019

PetroChina's oil and gas trade turnover up 5% in 2019

Yinson: 8th Extension for Lam Son FPSO

Yinson: 8th Extension for Lam Son FPSO

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Keppel working on 3D-Printed Offshore Grade Steel

Keppel working on 3D-Printed Offshore Grade Steel

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week