US$15 Billion Eni Gas Investment Ready to Absorb Thousands of Workers!

JAKARTA. Global energy company Eni has officially taken the Final Investment Decision (FID) for the development of the Gendalo-Gandang (South Hub) gas project and Geng North-Gehem (North Hub) offshore East Kalimantan. This investment decision was made just 18 months after the approval of the Plan of Development (POD) in 2024, marking an acceleration in the development of Indonesia’s deep-sea gas projects. The project utilises deep-sea production technology and existing infrastructure, including the Jangkrik FPU and the reactivation of Train F at the Bontang LNG Plant facilities, enabling cost efficiency improvements while speeding up gas commercialisation.