• Upstream
  • Pipelines & Transport
  • Downstream
Monday, October 6, 2025
Oil&Gas Advancement
  • Home
  • News
    U.S. Crude Oil Exports

    U.S. Crude Oil Exports Hit Highest Mark Since February 2024

    Natural Gas to China at Lower Prices

    Russia Indicates Natural Gas to China at Lower Prices

    First Oil Production

    U.S. Gulf Achieves First Oil Production Milestone

    Tamboran to acquire Falcon Oil Gas

    Tamboran to Acquire Falcon Oil & Gas in Australia

    Subsea Production Systems

    TechnipFMC Gets Petrobras Subsea Production Systems Deal

    Energy Security of the UK

    £830mn Gas Storage Project for Energy Security of the UK

    Frontier Exploration to Grow

    Global Oil And Gas Majors Push Frontier Exploration to Grow

    Nitzana Natural Gas Pipeline

    Chevron & Israel Team to Build Nitzana Natural Gas Pipeline

    Port Arthur LNG

    Sempra Approves $14bn on Phase 2 Port Arthur LNG Development

  • Projects
    Tamboran to acquire Falcon Oil Gas

    Tamboran to Acquire Falcon Oil & Gas in Australia

    Subsea Production Systems

    TechnipFMC Gets Petrobras Subsea Production Systems Deal

    Oil and Gas Exploration

    Egypt Signs 3 Deals worth Over $121M for Oil and Gas Exploration

    13bn Worth Iraq Project

    QatarEnergy, TotalEnergies Partner $13bn Worth Iraq Project

    25 Billion LNG Project

    McDermott Gets Key Contract for $25 Billion LNG Project

    4bn New Israeli Gas Offtake Contracts

    Energean Lands $4bn New Israeli Gas Offtake Contracts

    LNG Procurement and Trading

    Singapore-China Apply Cap on LNG Procurement and Trading

    Production Sharing Contract of Nigeria

    Production-Sharing Contract of Nigeria with TotalEnergies

    First Arctic LNG 2 Gas Delivery

    First Arctic LNG 2 Gas Delivery from Russia to China Starts

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Downstream

Eni boosts Indonesia exposure with big gas discovery

in Downstream, Press Releases
Share on FacebookShare on Twitter

Eni announced that a big gas discovery in Indonesia, opening the door to a strengthening of its position in the Asian country, where it has been present since 2001 with a portfolio of exploration and production assets.

The group said the discovery was from the Geng North-1 exploration well drilled in the North Ganal PSC, about 85 kilometres (53 miles) off the coast of East Kalimantan.

Preliminary estimates indicated a total discovered volume of 5 trillion cubic feet (tcf) of gas, equal to about 140 billion cubic metres, with an estimated condensate content up to 400 million barrels.

The ongoing exploration campaign is in line with Eni’s (ENI.MI) strategy to shift its portfolio mix towards gas and liquefied natural gas (LNG), targeting 60% in 2030, and to increase its LNG equity portfolio.

Indonesia, and South-East Asia in general, play a role in this strategy, Eni said, adding its current production in the country was 80,000 barrels of oil equivalent per day.

The chairman of Indonesia’s upstream oil and gas regulator, SKK Migas, said in a statement that the country hoped Eni’s discovery would attract other international oil companies and added the regulator was coordinating with the group so the discovery could be monetised immediately.

The discovery opens the door to the creation of a new production hub to be tied to the Bontang LNG facilities on the coast of East Kalimantan, Eni said.

It is estimated that, in addition to Geng North, more than 5 tcf of gas in place are present in undeveloped discoveries within the area of interest, the Italian group said.

The Geng North discovery is adjacent to the Indonesia Deepwater Development (IDD) area that includes several discoveries for which Eni recently announced the acquisition of Chevron’s (CVX.N) interests.

Significant synergies between the two areas are envisaged in terms of gas development options, Eni said.

In addition, the expected completion of Eni’s deal to acquire Neptune Energy will allow a further strengthening of Eni’s position in the North Ganal area.

Previous Post

$12 Trillion Funding A Need To Avoid Price Surge – OPEC Boss

Next Post

Thai oil firm PTTEP may seek extension for Myanmar gas fields

Related Posts

U.S. Crude Oil Exports
Downstream

U.S. Crude Oil Exports Hit Highest Mark Since February 2024

October 6, 2025
Natural Gas to China at Lower Prices
Downstream

Russia Indicates Natural Gas to China at Lower Prices

October 4, 2025
Energy Security of the UK
Gases

£830mn Gas Storage Project for Energy Security of the UK

September 29, 2025
Nitzana Natural Gas Pipeline
Gases

Chevron & Israel Team to Build Nitzana Natural Gas Pipeline

September 30, 2025
Port Arthur LNG
Gases

Sempra Approves $14bn on Phase 2 Port Arthur LNG Development

September 26, 2025
Turkiye signs 15bn cubic meters LNG contracts
Gases

Türkiye Signs 15 bcm LNG Contracts to Boost Energy Security

September 15, 2025
Next Post
Neptune Energy producing natural gas from Merakes project in Indonesia

Thai oil firm PTTEP may seek extension for Myanmar gas fields

LatestNews

Natural Gas to China at Lower Prices
Downstream

Russia Indicates Natural Gas to China at Lower Prices

October 4, 2025
First Oil Production
News

U.S. Gulf Achieves First Oil Production Milestone

October 4, 2025
Tamboran to acquire Falcon Oil Gas
Asia Pacific

Tamboran to Acquire Falcon Oil & Gas in Australia

October 3, 2025
Subsea Production Systems
America

TechnipFMC Gets Petrobras Subsea Production Systems Deal

October 3, 2025
Energy Security of the UK
Gases

£830mn Gas Storage Project for Energy Security of the UK

September 29, 2025
Frontier Exploration to Grow
News

Global Oil And Gas Majors Push Frontier Exploration to Grow

September 30, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.