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Jakarta Post

Four upstream oil and gas projects worth $45m set to kick off in first quarter

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Mon, April 13, 2020   /  04:24 pm
The Jakarta Post Image
Workers install a gas pressure-lowering device at a facility owned by Ophir Indonesia (Sampang) Pty. Ltd. in East Java in this undated photo. (Courtesy of/SKK Migas)

Four upstream oil and gas projects worth US$45.39 million are scheduled to start operations in the first quarter this year, as other projects face mounting problems, a government task force has said. The Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas), which often speaks on behalf of related companies, said in Jakarta on April 9 that the projects comprised three gas projects, including one by PT Pertamina Hulu Energi (PHE), that have a collective output of 80 million cubic feet per day (mmscfd). The fourth project is a 4-megawatt (MW) power plant that supports Jakarta-based PT Pertamina EP in producing 1,000 barrels of oil per day (bopd) from an oilfield in North Kalimantan. “These achievements are part of our effort to maintain oil and production levels as per targets,” said SKK Migas deputy of operations Julius Wiratno in a statement issued on Wednesd...