Eni awarded new participating interest

Eni has been awarded 100% participating interest in the East Ganal deepwater exploration block in the Kutei Basin, in Indonesia.

This award expands Eni’s position and upstream activities in the East Kalimantan’s Kutei Basin, which is one of the most promising hydrocarbon provinces in Indonesia.

In the Muara Bakau PSC, Eni commenced production from the Jangkik deepwater field in May 2017. In April 2018, Eni was also granted the approval of the Plan of Development for the Merakes discovery located in East Sepinggan PSCs. Using existing Jangkrik and Bontang facilities, this further development project will allow an increase in the availability and flexibility of gas supply. This project will benefit both the domestic market and export, as well as strengthening Eni’s position in the LNG market in Asia.

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