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TENDER: KrisEnergy launches qualification process for Lengo Gas field EPCI

JAKARTA ( (Satria) Ltd, a member of Singapore-based KrisEnergy Group (SGX:SK3), has launched qualification process for the engineering, procurement, construction and installation (EPCI) of Lengo Gas Development project, which is located within Bulu Block in offshore East Java.

Companies interested to take part in the pre-qualification process are required to send letter of interest to participate in the qualification process at the latest Jan. 8, 2016. The required documents should be submitted by Jan. 21, 2016.

The scope of the works will cover carry out the EPCI of the Lengo Gas Development facilities. These facilities will comprise of, first, 4-feet/8-well slot fixed structure of Wellhead Platform with water depth of 60 meters; second, installation of 20″OD carbon steel export gas pipeline along 66 km offshore and 7.8 km onshore.

The line pipe without coating is supplied by the company; third, the development of Onshore Receiving Facility (ORF), which is equiped with separation system, dehydration and sales metering.

The Bulu production sharing contract (PSC) covers 697 square kilometers in three separate areas – Bulu A, Bulu B and Bulu C – over the East Java Basin in water depths of 50 to 60 meters.

The production is expected to start two years after the company and its partners declared final investment decision (FID).

KrisEnergy holds a 42.5 percent operated working interest in the Bulu PSC, AWE Limited of Australia holds 42.5 percent, while local partners PT Satrio Wijayakusuma holds 5 percent interest and PT Satria Energindo holds 10 percent. (*)

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