[Indonesia] Terang, Sirasun, Batur - TSB Field

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escveritas
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[Indonesia] Terang, Sirasun, Batur - TSB Field

Unread post by escveritas »

TSB gas field is located offshore, approximately 90 km north of Bali (at a water depth of 90m) and is part of the TSB gas field complex, which is composed of Terang, Sirasun and Batur gas fields. There are 4 production wells, including horizontal wells. In the first 8 months of operations alone, production from TSB gas field reached a total of 10 million barrels, with daily gas production averaging 240 million cubic feet (approximately 40 thousand barrels of oil equivalent per day). Natural gas produced in the same gas field is gathered in Floating Production Units (FPU) and transported through the East Java Gas Pipeline (EJGP).

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escveritas
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Re: [Indonesia] Terang, Sirasun, Batur - TSB Field

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BW Offshore signs contract for gas FPSO

16 July 2010 - BW Offshore has signed a contract with Kangean Energy Indonesia ("KEI") for a gas FPSO to operate on the Terang Sirasun Batur ("TSB") fields in Indonesia. The partners of KEI are PT Energi Mega Persada (50.0%), Mitsubishi Corporation (25.0%) and Japan Petroleum Exploration (25.0%).

BW Offshore has signed the contract with its two Indonesian partners; PT Pelayaran Trans Parau Sorat and PT Energi Consulting Indonesia.

BW Offshore's scope includes the delivery of the FPSO, risers, umbilicals and mooring system, and BW Offshore will also be responsible for the installation and operation of the unit. The design, fabrication and installation of the mooring system will be executed by BW Offshore's technology division APL.

The FPSO will have a capacity of 340 mmscfd of gas compression and conditioning, and the gas will be exported to the East Java Gas Pipeline.

The charter contract is for a fixed period of 10 years, plus additional options of up to 4 years. The total contract value is approximately USD 875 million. First gas is planned for early 2012.
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