Gulf Oil and Gas accountACCOUNT

INPEX Submits Revised Plan of Development for Abadi LNG Project

Source: www.gulfoilandgas.com 6/21/2019, Location: Asia

INPEX has submitted to Indonesian government authorities a revised Plan of Development (POD) for the Abadi LNG Project. The revised POD is based on an onshore LNG development scheme with an annual LNG production capacity of 9.5 million tons. The Project involves developing the Abadi gas field in the Masela Block located in the Arafura Sea in Indonesia.

The submission of the revised POD follows a series of dialogues between the authorities and INPEX, as the operator of the project on behalf of the Joint Venture (INPEX Masela and Shell Upstream Overseas) to secure the Project’s competitiveness through a Heads of Agreement (HOA) signed with authorities on June 16, 2019(*1). In April 2016, the authorities instructed INPEX to resubmit a POD for the Project, based on an onshore LNG development scheme.

The terms contained in the HOA with the authorities including cost estimation, Production Sharing Contract (PSC) period and financial conditions are also written in the revised POD.

Development News in Indonesia >>

Poland >>  12/5/2019 - Ansila Energy has announced the results of a Conceptual Field Development Plan (CFDP) for the Gora license and economic evaluation of the unconvention...
Australia >>  12/3/2019 - Carnarvon Petroleum Limited advises that the Operator of the Dorado Project, Santos Limited has released initial ‘concept select’ information with res...

Senegal >>  12/3/2019 - FAR Limited, as part of the Rufisque Sangomar and Sangomar Deep (RSSD) joint venture advises that the final Sangomar Field Development and Exploitatio...
Iran >>  11/26/2019 - The operator of phase 14 development project of the South Pars gas field said the offshore section of the project would be complete by December. ...

Russia >>  11/15/2019 - LUKOIL completed construction of the first well as part of Phase 3 of the development of the V. Filanovsky field in the Caspian Sea. The well was dril...
Senegal >>  11/15/2019 - The President of Senegal, Macky Sall, has renamed the SNE field the Sangomar field to better reflect its association with the people of Senegal. ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Indonesia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |

Oil & Gas Projects in Indonesia >>

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.