Amerada moves to develop Ujung Pangkah<\/p>\n
Amerada Hess Co., and partner ConocoPhillips, signed two major
\nconstruction contracts on Friday to signal the start of major
\ninvestment to develop the Ujung Pangkah gas block in East Java --
\nwhere the two global energy giants act as the operator.<\/p>\n
The combined contracts are worth about US$110 million, a press
\nstatement said.<\/p>\n
"Ujung Pangkah represents an exciting new investment for us as
\nwe build the basis of a long term business in Indonesia.<\/p>\n
"The project will provide a significant economic boost to
\nindustry in the region and, ultimately, provide a reliable and
\ncost effective source of energy for the local area," Amerada Hess
\nPresident and General Manager in Indonesia Colin Munro said in
\nthe statement.<\/p>\n
About $60 million of the deal will be spent procuring goods
\nand services in Indonesia.<\/p>\n
The two deals have been awarded to Indonesian companies for
\nthe engineering, procurement, construction and installation
\n(EPCI) of the facilities to produce, process and supply gas from
\nthe field to, among other consumers, state power utility PT
\nPerusahaan Listrik Negara (PLN)'s power generation plant at
\nGresik.<\/p>\n
The first contract, awarded to a consortium of construction
\nfirms PT Raga Perkasa Ekaguna (RPE) and PT PAL Indonesia, covers
\nthe provision of offshore facilities consisting of an unmanned
\nwell head platform and a 42-kilometer export line.<\/p>\n
The second contract, awarded to PT Inti Karya Persada Teknik
\n(IKPT), covers the provision of onshore processing facilities and
\nthe gas pipeline onward to PLN gresik.<\/p>\n
State gas distributor PT Perusahaan Gas Negara (PGN) is also
\nin talks with the operator to purchase about 100 million standard
\ncubic feet per day (mmscfd) to supply small and medium
\nenterprises (SMEs) in the province. -- JP<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/amerada-moves-to-develop-ujung-pangkah-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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