Eni North Ganal Limited is an upstream oil and gas company operating in Indonesia. It is controlled by Searah Ltd., a 50/50 joint venture established by Eni and Petronas that integrates selected upstream assets across Indonesia and Malaysia.
The company focuses on gas field development in the Kutei Basin, East Kalimantan. Its activities include the Kutei North Hub project, which involves subsea tiebacks, an FPSO unit, and a gas export pipeline to the Bontang LNG plant.
Eni North Ganal Limited participates in related-party transactions for major contracts in these developments.
Also known as Eni North Ganal Ltd.
chemXplore tracks 1 project involving Eni North Ganal, of which one is active.
Eni North Ganal's role on them: Owner and Developer.
1 new construction.
Contractors and licensors are recorded on this project For subscribers
Targeting: Natural gas (1), Natural gas condensates (petroleum) (1)
Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.
Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.
EPCI for an FPSO to serve the Kutei North Hub, tied to subsea fields and a gas export pipeline to Bontang LNG and domestic users; 48-month execution.
50:50 JV combines 19 gas assets across Malaysia and Indonesia, targets 300k→500k boe/d and plans $20bn investment backed by a $6bn credit facility.
Dual FIDs for Gendalo/Gandang and Geng North/Gehem offshore East Kalimantan. Start 2028; plateau 2029 at 2 bscfd gas and 90,000 bpd condensate. Tie-backs to Jangkrik, new FPSO.
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