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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Eni completes sale of stake in the East Sepinggan area offshore Indonesia to Neptune Energy
Eni has completed the transfer of a 20% participating interest out of its share in the East Sepinggan area offshore Indonesia to Neptune Energy.
Eni, with a 65% participating interest, will continue to be the operator of the area, which includes the Merakes development and Merakes East discovery. The remaining participating interests will now be held by Pertamina (15%) and Neptune (20%).
The companies are already partners in several upstream projects, such as in the Muara Bakau area, which includes the Jangkrik field in the Kutei Basin, offshore East Kalimantan, where Eni is the joint venture operator with a 55% participating interest.
