SKK Migas approves Rekind-JGC consortium as contractor for JTB field project
Monday, January 16 2017 - 03:26 AM WIB
Petromindo
Upstream authority SKK Migas has given its approval to appoint the Rekind-JGC consortium as the EPC contractor for a planned gas processing facility at the Jambaran-Tiung Biru (JTB) field in Central Java, according to a source.
PT Pertamina EP Cepu (PEPC), an indirect subsidiary of state-owned oil and gas firm PT Pertamina, held a tender last year to select the EPC contractor. In September, President Director of PEPC Adriansyah said that the Rekind-JGC consortium offered the lowest bid compared to the other bidder, the Wika-Chiyoda consortium.
The source said that SKK Migas has approved the result of the tender. "PEPC has received the approval of the tender result from SKK Migas on Friday, January 13," a source said to Petromindo.com.
Adriansyah said last year the 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