Eni approves dual FIDs for Indonesian deep‑water gas hubs

Key highlights
  • Eni took FIDs for Gendalo/Gandang (South Hub) and Geng North/Gehem (North Hub) offshore East Kalimantan, targeting start‑up in 2028 and plateau in 2029.
  • Combined volumes in place are ~10 Tcf gas and 550 million barrels of condensate, with a plateau of 2 bscfd gas and 90,000 bpd condensate.
  • South Hub will drill seven production wells tied back to the Jangkrik FPU in 1,000–1,800 m water, while North Hub will drill 16 wells in 1,700–2,000 m and use a new FPSO able to process >1 bscfd gas with 1.4 million bbl storage.
  • Gas will be exported via pipeline to the domestic network and the Bontang LNG plant (including reactivation of Train F), condensate will be stored on the FPSO for shuttle‑tanker export, and the assets are slated for contribution to a planned Eni–Petronas business combination.
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FIDs and schedule

Eni has taken Final Investment Decisions for the Gendalo and Gandang (South Hub) and Geng North and Gehem (North Hub) projects offshore East Kalimantan; the PODs were approved in 2024, FIDs followed 18 months later, with start‑up targeted in 2028 and plateau in 2029.

Field development and infrastructure

South Hub includes seven producing wells in 1,000–1,800 m water tied back to the Jangkrik FPU; North Hub plans 16 producing wells in 1,700–2,000 m and a new FPSO capable of processing over 1 bscfd of gas and 90,000 bpd of condensate with 1.4 million barrel storage.

Reserves and production

Combined volumes in place are approximately 10 Tcf of gas initially in place (GIIP) and 550 million barrels of associated condensate, with an expected production plateau of about 2 bscfd of gas and 90,000 bpd of condensate in 2029.

Transport, processing and commercial

Gas will be piped onshore to a receiving facility feeding the domestic network and the Bontang LNG plant, including reactivation of an idle liquefaction train (Train F); LNG will serve domestic and international markets, condensate will be processed and stored on the FPSO for shuttle‑tanker export, and the assets are planned for contribution to a proposed Eni–Petronas business combination.

Source: Eni

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