Italian energy company Eni has approved the final investment decisions (FIDs) for the Geng North and Gehem fields in the North Hub and the Gendalo and Gandang gas projects in the South Hub, all located offshore Indonesia.
These deep-water projects are expected to produce up to two billion standard cubic feet per day (bscf/d) of gas and 90,000 barrels per day (bpd) of condensate once they reach peak production.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The two developments are designed to bolster local supply and enhance liquefied natural gas (LNG) exports by utilising existing infrastructure.
According to Eni, the FIDs were made just 18 months after the Projects of Development (PODs) were approved in 2024, underscoring the company’s rapid progress in East Kalimantan’s offshore gas sector.
By integrating advanced technologies with existing facilities such as the Jangkrik floating production unit (FPU) and the Bontang liquefaction plant, the company aims to achieve cost savings and expedite project delivery.
In the North Hub, plans include drilling 16 wells at depths between 1,700 and 2,000m and deploying subsea systems connected to a new floating production, storage and offloading unit (FPSO).
This new FPSO is expected to handle more than 1bscf/d of gas and 90,000bpd of condensate, storing up to 1.4 million barrels (mbbl).
Meanwhile, the South Hub plan includes drilling seven wells at depths between 1,000 and 1,800m, with subsea systems connected to the Jangkrik FPU.
Eni aims to commence production at both projects by 2028 and reach peak output by 2029.
Gas drawn from the projects will be delivered onshore through export pipelines to both domestic networks and the Bontang LNG facility for processing.
The LNG output will supply both local needs and international markets, while condensate will be exported using shuttle tankers.
Additionally, there are plans to extend the Bontang LNG plant’s operation by reactivating an idle liquefaction train.
Eni said the projects reflect its plans to support Indonesia’s offshore gas industry by leveraging existing infrastructure in East Kalimantan.
Notably, the North Hub will create a new production centre in the northern Kutei Basin.
Eni’s involvement in these projects is part of its broader strategy. This includes merging its upstream assets in Indonesia and Malaysia with those of Petronas to establish a new entity, which is projected to produce more than 500,000 barrels of oil equivalent per day by 2029.
Last month, Eni confirmed a gas and condensate discovery in Block CI-501 offshore Côte d’Ivoire following drilling at the Murene South-1X well. The company said that the find, Calao South, highlighted the potential of the Calao channel complex.
