Rekind-JGC consortium may win EPC contract at JTB field
Wednesday, September 28 2016 - 02:02 PM WIB
A consortium comprising of state-owned engineering company PT Rekayasa Industri (Rekind) and JGC Corporation is likely to become the winning bidder for EPC work of a gas processing facility at the Jambaran-Tiung Biru (JTB) field, in Central Java.
President Director of PT Pertamina EP Cepu (PEPC), Adriansyah told Petromindo.com on Wednesday that the Rekind-JGC consortium offered the lowest bid for the EPC project.
The other bidder is a consortium comprising of state-controlled construction firm PT Wijaya Karya Tbk and PT Chiyoda International Indonesia.
Adriansyah said that there will be two days for others to file complaint over the tender result. He added that Rekind-JGC consortium will be officially declared as the winning bidder following approval from the upstream oil and gas authority SKK Migas.
Adriansyah said previously that construction work was expected to start in early 2017.
The JTB project is expected to come onstream in the first quarter of 2019 with a production rate of 227 mmscfd of gas and a peak production of 315 mmscfd in 2019. The production will be sourced from six wells.
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