Deputy Head of SKK Migas Shinta Damayanti explained ENI's investment in the Indonesia Deep Sea/Indonesia Deepwater Development (IDD) project's worth. Investment by the Italian oil and gas business was US$ 14.8 billion (Rp. 238.28 trillion at the Rp 16,100 exchange rate). She presented before the Commission VII DPR RI Hearing. The national strategic project (PSN) IDD will go onstream in 2027, according to Shinta. "We approved changing control to ENI on September 15, 2023, and we revised the southern and northern Plan of Development (PoD) in 2024. The onstream target is 2027," he said in a meeting at the DPR RI, Senayan, Central Jakarta, Wednesday (29/5/2024).The $14.8 billion ENI investment is divided into two IDD blocks. US$ 3.4 billion was spent on Gendalo-Gandang and US$ 11.4 billion on Gehem-Geng North. A stock Sale Purchase Agreement (SPA) from Chevron Makassar Ltd. (CML), Chevron Ganal Ltd. (CGL), and Chevron Rapak Ltd. (CRL) as IDD project operators to Eni Lasmo PLC made ENI the IDD operator, according to detikcom.I congratulate Chevron and ENI for transferring control of the Indonesia Deepwater Development (IDD) project. I expect this management change would boost Indonesia's energy security, "ESDM Minister Arifin Tasrif remarked Tuesday (25/7/2023). The IDD project integrates various fields and work locations in the 1,000-2,000-meter-deep Kutai Basin. "Transferring management of this project from Chevron to ENI is very crucial for Indonesia, considering that the IDD project is expected to boost gas production to 12,000 million standard cubic feet per day (mmscfd) by 2030," he noted.Link di fonte: https://finance.detik.com/energi/d-7364084/raksasa-migas-italia-siapkan-rp-238-t-garap-proyek-harta-karun-di-kalimantan (ICE GIACARTA)

Fonte notizia: detikFinance, 29 May 2024