(AGENPARL) – Tue 13 May 2025 Eni announces production start-up from Merakes East field,
offshore Indonesia
San Donato Milanese (Milan), 13 May 2025 – Eni has started gas production from the
Merakes East field, in the Kutei basin, offshore Indonesia. The field is in the East
Sepinggan block (Eni 85%, Op.) and will contribute up to 100 MMSCFD of gas or
approx. 18,000 boepd to Eni’s production.
Merakes East is located in a water depth of 1,600 meters, approximately 10 km east
of the Merakes Field. It is tied back via a subsea connection to the Jangkrik Floating
Production Unit (FPU) operated by Eni, situated around 50 km away. This startup is
another example of fast track development as the field was brought on production
approximately 2 years from FID. After the initial processing onboard the FPU, the gas
will be transferred via pipe network to supply the internal market and the Bontang
liquefaction plant, which supplies LNG for both the internal market and for export.
The start-up of Merakes East is another important step of Eni’s broader strategy to
valorize the considerable gas resources held in Indonesia’s prolific Kutei Basin. Along
with the ongoing development of Maha field and the recent approval of the Plans of
Development for the Northern Hub and Gendalo-Gendang, the East Merakes
production start up is the result of the close cooperation between Eni and SKK Migas,
Indonesia’s Upstream Regulator and Supervisor. It is consistent with the driver to
positively impact the local content and to increase the utilization of available capacity
at Bontang LNG plant while also ensuring additional gas volumes for domestic
consumption.
Over the last few years, following significant exploration successes and acquisitions,
Eni has positioned itself as the main operator of the Kutei basin and one of the key
players in the Indonesia’s gas market; the company expects to produce up to 2 BCFD
of gas and 90,000 bopd of condensate with the start up of the North Hub and the
Gendalo-Gandang fields.
Eni has recently announced talks with PETRONAS to establish a joint venture holding
company to oversee selected upstream assets in Indonesia and Malaysia. This joint
venture is expected to generate substantial synergies towards becoming a major LNG
player in the region and will combine approximately 3 billion barrels of oil equivalent
(boe) of reserves with an additional 10 billion boe of potential exploration upside.
Eni has been operating in Indonesia since 2001 and currently has a large portfolio
including exploration, development, and production assets with a current production
around 700 MMSCFD in the East Kalimantan.
Eni Company Contacts:
Website: http://www.eni.com