Eni Awarded East Sepinggan block in Indonesia

Eni has been announced that it has been awarded the East Sepinggan block in Indonesia with a 100% participating interest.

The block, located in the offshore East Kalimantan, about 170 kilometers south east of the Bontang LNG processing facility, covers an area of 2,913 square kilometers in the Kutei Basin, a rich hydrocarbon province with several giant discoveries already in production.

The East Sepinggan work programme plans for the full 3D seismic survey of the area and the drilling of one well, to be completed within the next three years.

The Italian energy major has already been developing the Jangkrik deep offshore gas field and appraising the Jangkrik NE discovery, near the East Sepinggan block.

The company, which has been operating in Indonesia since 2001, holds working interests in twelve permits and operates eight of them. The offshore activities are located in the Tarakan and Kutei Basins, offshore Kalimantan, north of Sumatra, West Timor and West Papua. In the Kutei Basin, Eni is also participating in the development of the significant gas reserves located in the Ganal and Rapak blocks.

Eni has also has an interest in Sanga Sanga CBM, a new coal-bed methane production sharing contract (PSC), through its operated joint venture affiliate VICO CBM Limited. The coal-bed methane coming from Sanga Sanga would be liquefied at the Bontang plant, representing the first LNG facility to be supplied with CBM.