S'abonner

Eni launches key tender for Kutei North Hub gas project in Indonesia

Italian company Eni has initiated a major engineering, procurement, construction and installation (EPCI) tender for its $17.49 billion Kutei North Hub gas project offshore Indonesia.

Share:

Italian energy company Eni has issued a tender for an engineering, procurement, construction and installation (EPCI) contract related to its Kutei North Hub gas project, located offshore Indonesia. The project, valued at $17.49 billion, aims to develop the Geng North and Gehem fields, located in the North Ganal and Rapak blocks respectively.

The tender covers the transportation and installation of key infrastructure for the Kutei North Hub project. Eni is expected to make a final investment decision on the project later this year.

In August 2024, Indonesian authorities approved the development plans for the Geng North and Gehem fields, along with the Gendalo and Gandang fields. These approvals included a 20-year extension of the Ganal and Rapak licences, enabling Eni to establish significant gas and condensate production in the East Kalimantan region.

Planned processing capacities

The development of the Kutei North Hub includes the deployment of a floating production, storage and offloading unit (FPSO) with a processing capacity of approximately 1 billion cubic feet of gas per day and 80,000 barrels of condensate per day. The gas will be processed on board the FPSO and then transported to the Santan onshore terminal and the East Kalimantan pipeline network. Part of the gas will be liquefied at the Bontang liquefied natural gas (LNG) facility, with the remainder supplied to the domestic market.

Equity distribution and timeline

Eni holds an 83.3% interest in the North Ganal block, operating the Geng North field, with Agra Energi Pte Ltd holding the remaining 16.7%. In the Ganal and Rapak blocks, Eni owns an 82% interest, with Tip Top holding the remaining 18%.

Production from the Geng North field is scheduled to begin by the end of 2027, making it one of the fastest developments undertaken in Indonesia.

  • Populaires ​
Azule Energy announces major offshore gas discovery in the Angolan Congo Basin
South Africa: Eskom Under Pressure from Residential Solar Growth
Eskom plans 32GW of renewable energy in South Africa by 2040
ACWA Power, Badeel and SAPCO to invest $8.3bn for 15,000 MW of renewables in Saudi Arabia
European Union finalises agreement to lower Russian oil price cap
Asia-Pacific LNG physical market jumps 86% year over year despite geopolitical tensions
LNG trading volumes in the Asia-Pacific region reached 1.24 million tonnes, driven by summer demand and rising participation, despite a 21% monthly decline linked to geopolitical uncertainty.
Subsea7 secures EPCI contract for Equinor’s Fram Sør gas development
Subsea 7 S.A. has announced a major contract signed with Equinor for the engineering and installation of subsea infrastructure at the Fram Sør gas field, located in the North Sea off the coast of Norway.
Congo accelerates LNG exports with Eni and targets major energy growth
The Republic of Congo and Eni confirm the expansion of the Congo LNG project and multiply industrial initiatives to strengthen energy supply and strategic sectors.
Eni signs twenty-year agreement with Venture Global for 2 mn tonnes of LNG per year
Italian group Eni signs a twenty-year liquefied natural gas supply contract with US-based Venture Global, covering two mn tonnes per year and marking a first for the company from the United States.
Angola Opens a New Gas Chapter with the Discovery of the Gajajeira Field
The discovery of the Gajajeira field marks a major step for Angola, strengthening its natural gas development strategy and diversifying national energy resources in a context of sector transition.
A US-sanctioned LNG vessel docks at Russia’s Arctic LNG 2 terminal
The Voskhod vessel, under US sanctions, docked at the Arctic LNG 2 plant in Russia, marking the second visit by a sanctioned ship to the site this year, according to maritime tracking data.
Japan urgently secures LNG cargoes amid critically low reserves
Japan has urgently secured several additional cargoes of liquefied natural gas from the United States to avert an imminent electricity supply shortage caused by rapidly declining national reserves expected at the end of July.
The EU proposal to ban Russian gas fuels uncertainty for the European market
The European Commission has unveiled a proposal to prohibit the import of Russian gas into the Union, sparking intense debate on its feasibility, contractual impact and consequences for supply security among several Member States.
CNOOC Limited achieves major breakthrough in offshore exploration in the Beibu Gulf
CNOOC Limited announces the discovery of a significant oil and gas reservoir in the buried hills of the Beibu Gulf, opening new opportunities for shallow water exploration off the coast of China.
TotalEnergies in Mozambique: $4.7 bn US loan challenged in court by NGO
TotalEnergies’ Mozambique LNG gas project is at the centre of a legal challenge in Washington, following the approval of a $4.7 bn loan by the US Exim Bank, amid security concerns and opposition from civil society groups.
U.S. Midstream: Gas pipeline projects shift focus to West and Northeast
Investors are closely watching U.S. midstream companies’ announcements regarding new gas pipeline expansions targeting promising markets in the West and Northeast, beyond traditional regions in Texas and the Southeast.
PPL Corporation and Blackstone Infrastructure launch gas partnership to power data centers in Pennsylvania
PPL Corporation and Blackstone Infrastructure announce a strategic partnership to develop new gas-fired power plants to supply electricity to data centers through long-term contracts in Pennsylvania.
Falcon Oil & Gas sets initial production record at Beetaloo site in Australia
Falcon Oil & Gas Ltd announces a new record initial flow test result at the Shenandoah S2-2H ST1 well and the start of its 2025 drilling campaign in the Beetaloo Basin.
Technip Energies signs major contract for floating natural gas unit in Africa
Technip Energies has secured a contract to lead preparatory works for a floating liquefied natural gas unit in Africa, confirming its presence in the international gas infrastructure market.
Slovakia targets European agreement on end of Russian gas and sanctions by Tuesday
The Slovak government is seeking guarantees from the European Union to secure its supplies as talks continue over ending Russian gas and adopting a new round of sanctions.
ArcLight Capital acquires Middletown Energy to meet growing energy needs
ArcLight Capital Partners announces the acquisition of Middletown Energy Center, a combined-cycle natural gas power plant, aimed at meeting the substantial rise in energy demand from data centers and digital infrastructure in Ohio.
LNG Canada launch has no immediate effect on gas prices
The commissioning of LNG Canada, the first major Canadian liquefied natural gas export facility led by Shell, has not yet triggered the anticipated rise in natural gas prices in western Canada, still facing persistent oversupply.
Horizon Petroleum prepares its first gas drilling in Poland for August 2025
Horizon Petroleum Ltd. is advancing towards the production launch of the Lachowice 7 gas well in Poland, having secured necessary permits and completed preliminary works to commence operations as early as next August.
EU imposes secrecy on national strategies for Russian gas phase-out
European Union member states have requested to keep their national strategies for phasing out Russian gas by 2027 confidential, citing security concerns and market disruption risks, according to a document revealed by Reuters.
TotalEnergies joins PJM Interconnection, the largest power grid in the United States
TotalEnergies becomes a member of PJM Interconnection, expanding its trading capabilities in North America's largest wholesale electricity market. The decision strengthens the company's presence in the United States.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING