Monday, 15 February 2021
Negotiations between Chevron and Italy’s Eni in the Indonesia Deepwater Development project is scheduled to finish in the first quarter of 2021. Even if the transition is done according to plan, first production targets are expected to be late.
GENDALO and Gehem are still waiting for assurance that Eni SpA, an Italian-based multinational power company, would become the new manager of the Indonesia Deepwater Development (IDD) megaproject. However, Dwi Soetjipto already has plans on how to develop the two oil and natural gas fields in the second phase of the IDD project, once Eni replaces outgoing Chevron Corporation. “No added investment is needed,” said Dwi, C...
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