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    Eni, Indonesia sign MoU on exploration

Summary

The MoU defines the framework for further cooperation in the processing and interpretation of seismic data owned by Indonesia by using Eni’s proprietary technologies and facilities.

by: Shardul Sharma

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Corporate, News By Country, Indonesia

Eni, Indonesia sign MoU on exploration

Eni has signed a memorandum of understanding with Indonesian upstream regulator SKK Migas for cooperation on exploration activities in the southeast Asian country, it said on June 17.

The MoU defines the framework for further cooperation in the processing and interpretation of seismic data owned by Indonesia by using Eni’s proprietary technologies and facilities, including the Green Data Centre supercomputers in Ferrera Erbognone, as well as seismic imaging algorithms.

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This agreement represents a further international recognition for Eni's technological resources, in particular, the computing and processing capabilities of its Green Data Center in Ferrera Erbognone, where Eni's computer systems, HPC4 and HPC5 supercomputers, are located,” it said.

Eni has been operating in Indonesia since 2001, where it has a large portfolio of assets in the exploration, development and production phases. Its current equity production in Indonesia is approximately 80,000 barrels of oil equivalent/day.