Eni finds gas offshore Indonesia

Eni finds gas offshore Indonesia

Jarkata: Italian oil and gas firm Eni has made an important gas finding in the Merakes exploration prospect, in the East Sepinggan Block, where it holds a 100% stake. The Block is located in the offshore East Kalimantan, 170 kilometres south of the Bontang LNG Plant and 35 kilometres from the offshore Jangkrik field, also operated by Eni.

"This new success further implements the Company’s growth strategy in the Pacific Basin where, in addition to its presence in Indonesia, Australia and China, Eni recently signed new exploration contracts in Vietnam, Myanmar and China. Merakes finding is a significant one as it strengthens our position as operator in Indonesia,” said Claudio Descalzi, ceo of Eni.

“This new gas finding could supply in the future additional gas volumes to the Bontang LNG plant,” he added. [28/10/14]