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Click on the top to follow us (WO) — Eni has received approval from Indonesian authorities for the development of two major gas fields, Geng North and Gehem, in the Kutei basin. The approval includes a 20-year extension for the Ganal and Rapak licenses. The Northern Hub project will integrate the Geng North and Gehem fields, which together hold substantial gas and condensate reserves. The Geng North discovery, announced in October 2023, contains 5 trillion cubic feet (Tcf) of gas and 400 million barrels of condensates. The Gehem discovery has 1.6 Tcf of gas. Production will include about 2 billion cubic feet per day (bcf/d) of gas and 80,000 barrels per day of condensates, utilizing existing infrastructure like the Bontang LNG Plant and Jangkrik Floating Production Unit (FPU). The Gendalo Plan of Development will enhance the Ganal PSC with 2 Tcf of gas. This development will extend the Jangkrik FPU's production plateau by at least 15 years. These projects are expected to boost local
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