Chevron Indonesia has commenced first natural gas production from the Bangka Field Development project in East Kalimantan, Indonesia.
This is the first stage of the Indonesia Deepwater Development (IDD) project operated by Chevron in the area.
Go deeper with GlobalData
Chevron IndoAsia business unit managing director Chuck Taylor said: "First gas for the Bangka Project is a significant milestone and highlights Chevron’s commitment to continue supporting the government’s energy goals and delivering energy to Indonesia safely, efficiently and reliably.
“The project represents Chevron’s commitment to bring global capabilities and advanced technology to Indonesia and applies best practices and expertise from our deepwater developments around the world.”
Chevron owns a 62% interest in the Bangka project, which has a design capacity of 110 million cubic feet of natural gas and 4,000 barrels of condensate a day.
Other joint venture participants in the project are Eni with a 20% interest, and Tip Top with an 18% interest.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn 2014, the partners reached a final investment decision for the project after securing government approvals.
Chevron began drilling the development wells during the second half of that year.
Taylor further added: “For more than 90 years, Chevron has been a major partner in meeting the energy needs of Indonesia, driving economic growth and supporting local communities in East Kalimantan and the other areas where we operate in Indonesia.”
