Rekind bags $138m project from ConocoPhillips

PT Rekayasa Industri (Rekind) is ready to carry out an EPC work for the Dayung Compression & Central Gas Plant Debottleneck owned by ConocoPhillips, Bisnis Indonesia reported on Tuesday.

Rekind President Director M. Ali Suharsono and ConocoPhillips General Manager J. W. Taylor signed the agreement for the US$138 million EPC project.

The project is a follow-up project of Dayung Station & Grissik Central Gas Plant. The project is located on the border area of Jambi and Palembang provinces, South Sumatera.

The purpose of the project is to increase sweet gas production by way of reducing the CO2 content and H2S on the existing CGP facility. ?The Dayung project is aimed at boosting the capacity of CGP facility from 310 MMSCFD to 460 MMSCFD,? said Ali.

ConocoPhillips (Grissik) Ltd is currently the operator of the Karidor Block in South Sumatera. ConnocoPhillips holds 54 percent interest, Talisman (Corridor) Ltd 36 percent, and PT Pertamina Hulu Energi Corridor 10 percent. (*)