News

Tender Information

Pertamina’s Project

Project Name:
Pengadaan Jasa Pembangunan Subsea pipe line for gas lift dan top side modification  platform BW PT Pertamina EP Asset 4 Field Poleng

Project Owner:
PT Pertamina EP Asset 4

Scope of work:
Detailed Engineering, obtaining necessary licenses and permits , mobilization and demobilization, material and equipment procurement, construction and installation, inspection, commissioning and equipment certification

Important Date:
Tender Registration Start: May 15th, 2017
Tender Registration End: May 18th, 2017

Indonesia Oil and Gas News

Indonesia’s government seek bids for mini refinery project.

The Energy and mineral resources ministry has invited bid for financing, land acquisition, engineering, procurement and construction contract
for around 20,000 barrels of oil per day oil refinery.

The registration date for bids is sets on Jan 16th until Jan 18, 2017.
Venue: Gedung Migas 1st floor, Oil and Gas Investment Service.

The mini refinery will be located in Osel and Bula Block, Maluku province. This mini refinery is part of the government’s plan to develop eight mini refinery across the country.

Indonesia has recently issued a regulation to encourage the development of small scale refineries. The regulation is a Ministerial Regulation no 22 year 2016 on the implementation of the development of small scale refineries. The regulation intended to support the national energy resilience, provide more supplies of fuel on the domestic market, improve efficiency in oil and gas upstream activities particularly in marginal fields etc.

Indonesia Oil and Gas News

A new LNG Terminal for East Java.

AALNG an Australian provider of mid-scale LNG infrastructure and PJU – Petrogas Jatim Utama an East Java Provincial owned enterprise is to built a new LNG terminal hub in Probolinggo, East Java.

The new LNG hub will comprise a floating storage unit (FSU), Onshore LNG regasification terminal and a truck loading distribution facilities. First gas of this facility is expected by 2020 with a throughput capacity of 1.5 million MTPA.

AALNG has awarded KBR and Ove Arup & Partners(Arup) to do a pre-front end engineering and design (FEED) study. KBR’s pre-FEED study will focus on the onshore LNG regasification terminal and truck loading distribution facilities. The pre-FEED study will be further developed for subsequent implementation phases to meet a throughput capacity of 3 million MTPA.

The terminal could potentially be expanded by adding more LNG Regas trains and LNG storage to meet future demands in the East Java region. This  pre-FEED study is expected to be performed over ten weeks.
Source: www.ekbis.sindonews.com and www.kbr.com

Indonesia Petrochemical News

Chandra Asri Petrochemical eyes expanding its US$ 300 million – polyethylene plant in 2017

Chandra Asri Petrochemical is planning to build a new factory. The new factory to be built is a polyethylene plant. The plant is to be built in the middle of Chandra Asri existing industrial complex, in Cilegon, Banten – West Java.

The project cost is estimated between US$300 million and US$400 million in investment. The new plant will produce 400 kilotons of polyethylene per year. Chandra Asri presently produces around 340 kilotons  of polyethylene per year. Once completed, the company polyethylene production would increase to around 740 kilotons per annum.

The forecast project execution is as follow, the new polyethylene plant designing and engineering phase is expected to start sometime in 2017 and followed by construction of the plant in 2018. The new plant is targeted to start commercial operation by 2020.

Chandra Asri Petrochemical is the Indonesia premier petrochemical producer. Chandra Asri Petrochemical operate the country only Naphtha Cracker producing high quality Olefins and Polyolefins, and is the sole domestic producer of Styrene Monomer and Butadiene. The new plant is expected to improve Chandra Asri business position among polyethylene producers in Southeast Asia. Currently, Chandra Asri is the sixth largest producer in the region.

Source: www.thejakartapost.com and www.chandra-asri.com

Indonesia Petrochemical News

Chandra Asri Petrochemical select UNIPOL™ PE Process for a New 400KTA Polyethylene Plant

PT Chandra Asri Petrochemical Tbk (CAP) has signed an agreement with Univation Tehnologies, LLC, located in the United States to use the UNIPOL(TM) PE Process for a new world scale 400KTA Polyethylene plant at its integrated Naptha Cracker complex in Cilegon, Banten. The agreement covers process design package, including license, to produce linear low density Polyethylene (LLDPE), High Density Polyethylene (HDPE) and Metallocene (MLLDPE). This commitment is a major milestone in CAP’s strategic plan to build a new Polyethylene (PE) plant with final investment decision expected by mid 2017 and now CAP is doing a process design package (PDP).

Currently, CAP operates its Polethylene plant in Cilegon with total capacity of 336KTA where one production train with the capacity of 200KTA is using UNIPOL™ PE Technology licensed from Univation Technologies to produce LLDPE and HDPE resins. Product applications for LLDPE and HDPE among others as blown film, rice bag, toy bottle lid, shopping bag, houseware, rope, tarpaulin, pipe, container box, etc.
Following the completion of its Naptha Cracker expansion by 43% to 860 KTA and in line with its strategy of pursuing vertical integration, CAP has reviewed various PE technologies and selected Univation Technologies for new plant to add value to its excess Ethlene product which is currently allocated for merchant sales.
A new PE plant will increase the source of domestic supply of Polyethene product which falls short of Indonesia’s PE market demand, estimated at 1.4 million TPA, and which continues to grow with the country’s GDP. In addition, a new PE plant will expand CAP’s petrochemical footprint and further contribute to the grow of Indonesia.

Source: www.chandra-asri.com

Refinery Upgrade Project News

Pertamina kicks off  FEED for Balikpapan Refinery Upgrade Project

Pertamina began FEED work for its Balikpapan refinery upgrade project on Thursday in an effort to avoid delays and to have the plant operational in 2019.

No end date was given for the FEED study, which is being carried out by US Engineering Construction company Bechtel.

The FEED  work will be held in three Bechtel office locations which is in Houston, London and New Delhi. Pertamina will send 80 of its engineers to the location to help complete the FEED. The target for physical construction for this refinery is to start in mid 2017.

Source: Pertamina

Tangguh LNG expansion project News

Tangguh LNG expansion project financing deal signed

A $3.745 billion financing deal for Tangguh LNG expansion project has been signed. The BP plc-led consortium signed the financing deal in Jakarta. The project has attracted support from a mix of local financial institutions and International financial institutions.

Local financial institutions participating in the loan facility include PT Bank Mandiri (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk and PT Indonesia Infrastructure Finance. Foreign banks involved in the Tangguh project financing comprises affiliates of Japan’s Mizuho Bank, The Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking Corporation and Shinsei Bank etc.

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Tangguh LNG Expansion Project News

Tangguh LNG Expansion Project gets go ahead

BP, on behalf of Tangguh Production Sharing Contract Partners, have taken a final investment decision for the Tangguh LNG Expansion Project.

Awards for the project’s key engineering, procurement and construction (EPC) contracts are expected in the third quarter of 2016 with construction to begin thereafter.

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