Pertamina EP Cepu to start EPC works at JTB early 2017
Thursday, May 26 2016 - 03:29 AM WIB
PT Pertamina EP Cepu (PEPC), a subsidiary of state owned oil and gas firm PT Pertamina (Persero), said that the engineering, procurement and construction (EPC) works of a gas processing facility (EPC-GPF) project at the Jambaran-Tiung Biru (JTB) fields in Central Java will be started in the beginning of 2017.
?Currently the EPC tender is in process and has entered the commercial stage. EPC works will begin early next year,? PEPC?s President Director Adriansyah told Petromindo.com.
He hopes that the tender winner will be awarded in August or September.
?So we remain committed that the project will come on stream in 2019 in line with the PoD (Plan of Development),? he said.
The Tiung Biru Jambaran field initially consisted of two fields: Tiung Biru and Jambaran. The government later decided to unitize the fields given that they are close to each other. The Tiung Biru field is located within Pertamina EP?s Cepu operations area which is adjacent to the giant Cepu oil and gas block jointly operated by ExxonMobil Cepu Limited (EMCL), a unit of ExxonMobil Indonesia, and PEPC. The Jambaran gas field is located within the Cepu block, which is operated by EMCL. EMCL and PEP agreed in September 2012 to unitize both fields with PEPC serving as operator.
Editing by Reiner Simanjuntak