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Monday, November 19, 2018

There is a Potential for New Oil Reserves in the Cepu Block



The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) noted that there were new oil reserves at the Banyu Urip Field, Cepu Block, which ExxonMobil currently manages. 


    Head of SKK Migas, Amien Sunaryadi, said that there is the potential for additional crude oil from the clastic rock layers in Banyu Urip. If proven, the reserve has the potential to increase the life span of the field which is currently projected to only be for the next seven years.

the Banyu Urip Field, Cepu by Exxonmobil

"That, right, in Banyu Urip, yes, on top of that there is a clastic layer. Now, this is being studied and it turns out there is oil as well. This has not been put into reserve. If there is sufficient time, there will be another exploration drilling in the working area not widespread, but inter-layer, "said Amien.

However, Amien has not explained in more detail. One thing is certain, next year, SKK Migas is optimistic that the production of Banyu Urip can increase from the current of 208,000 barrels per day (bpd) to 209,000 bpd to 212,000 bpd.

FSO GAGAK RIMANG

"It should be bigger. But the storage facility for the Crow Rimang is not enough to accommodate more oil," he said.

Therefore, according to Amien, the concern at this time is the shelter facilities, not subsurface data anymore.

"It used to be afraid of subsurface, reserves of 475 million barrels and after being tested for more than a year, it was concluded that reserves of 700 million barrels, reserves are not a problem," he concluded.

IN INDONESIAN

Ada Potensi Cadangan Minyak Baru di Blok Cepu


Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas (SKK Migas) mencatat ada temuan cadangan minyak baru di Lapangan Banyu Urip, Blok Cepu, yang saat ini dikelola ExxonMobil. 

     Kepala SKK Migas, Amien Sunaryadi, mengatakan, ada potensi tambahan minyak mentah dari lapisan batuan klastik di Banyu Urip. Jika terbukti, cadangan tersebut berpotensi menambah umur lapangan tersebut yang saat ini diproyeksikan hanya sampai tujuh tahun ke depan.

"Itu, kan, di Banyu Urip, ya, di atasnya ada lapisan klastik. Nah, hal tersebut sedang dipelajari dan ternyata ada minyaknya juga. Ini belum dimasukkan ke cadangan. Apabila ada waktu yang cukup, akan ada pengeboran lagi Ekplorasi di wilayah kerja tersebut bukan meluas, namun antar-lapisan," ungkap Amien.

Namun, Amien belum menjelaskan lebih rinci. Satu hal yang pasti, pada tahun depan, SKK Migas optimistis produksi Banyu Urip bisa meningkat dari saat ini yang sebesar 208.000 barel per hari (bph) menjadi 209.000 bph hingga 212.000 bph. 

"Seharusnya bisa lebih besar. Tapi fasilitas penyimpanan mjnyak Gagak Rimang tidak cukup untuk menampung minyak lebih besar," ucap dia.

Oleh karena itu, menurut Amien, yang menjadi concern saat ini adalah fasilitas penampungan, bukan lagi data di bawah permukaan (subsurface). 

"Dulu takut subsurface, cadangan 475 juta barel dan setelah diuji setahun lebih, disimpulkan cadangan 700 juta barel, cadangan tidak masalah," pungkas dia.

Kontan, Page-14, Monday, Nov 19, 2018

Revision of PoD I Masela Block Completed Next Year



SKK Migas targets the revision of the plan to develop the Abadi Field, Masela Block by Inpex Corporation completed in early 2019. Amien Sunaryadi, Head of the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), said the Masela Block project was in the finalization stage of the revised development plan ( first stage plan of development / POD.

Inpex Corporation - Japan

According to him, the revision of the Masela Block POD I was accepted by SKK Migas at the end of this month. The document was then handed over to ESDM Minister Ignasius Jonan in mid-December 2018 so that the approval for the development of Masela could be signed by the end of this year.

the Abadi Field, Masela Block

"The Masela was previously launched for offshore [the offshore LNG refinery] which was later converted to onshore [land LNG refinery]. Now, on that change, lnpex then made a pre-FEED [initial design review of Masela]. Well the pre-FEED has just finished October 2018. The pre-FEED data is then the basis for the preparation of the POD 1. They [Inpex] are finalizing it, so it takes a long time, "he said.

Inpex plans to apply for an extension of the offshore oil and gas block contract in the Arafura Sea, Maluku. The Masela Block contract will expire November 2028. The contractor can apply for an oil and gas block contract extension no later than 10 years before the contract expires.

Inpex Corporation's Senior Media Relations Specialist Moch. Nunung Kurniawan confirmed that his party had indeed held talks with the ESDM Ministry regarding the extension of the block contract. However, he said, Inpex has not formally submitted an extension to the block contract.

"We are still discussing with the Indonesian Government about the Eternal LNG project. We cannot comment further for now, "said Iwan.

On the other hand, the ESDM Ministry stated that the government had approved the extension of the Masela Block contract for the next 20 years. Director General of Oil and Gas, Ministry of Energy and Mineral Resources Djoko Siswanto said that in principle the government agreed to the extension of the Masela Block even though the Japanese oil and gas company had not yet formally submitted a contract extension.

"Later November 28 [2028] ends. So November 2018, Inpex can already apply for a contract extension. There is talk, the administration will be November 28 2018, the principle is we are okay. "

He said, in the visit of ESDM Minister Jonasius Jonan to Japan some time ago, the government had asked lnpex to immediately complete the first phase of the POD revision.

"This year the approval. The government asks Inpex to quickly submit POD. "

Shell Up-stream Overseas Services Ltd.

Concerning incentives, he said, this would be discussed after discussions about costs were completed in full. The Masela block project is managed by Inpex Masela Limited with a composition of 65% participating shares and Shell Up-stream Overseas Services Ltd. 35%.

IN INDONESIAN

Revisi PoD I Blok Masela Selesai Tahun Depan


SKK Migas menargetkan pengajuan revisi rencana pengembangan Lapangan Abadi, Blok Masela oleh Inpex Corporation rampung pada awal 2019. Kepala Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) Amien Sunaryadi mengatakan, proyek Blok Masela dalam tahap finalisasi revisi rencana pengembangan (plan of development/ POD) tahap pertama.

Menurutnya, revisi POD I Blok Masela diterima oleh pihak SKK Migas pada akhir bulan ini. Dokumen tersebut kemudian diserahkan kepada Menteri ESDM lgnasius Jonan pada pertengahan Desember 2018 sehingga persetujuan pengembangan Masela dapat ditandatangani pada akhir tahun ini.

“Masela itu dulu sudah diusulakan untuk offshore [kilang LNG lepas pantai] kemudian diubah menjadi onshore [kilang LNG darat]. Nah, pada perubahan itu, lnpex kemudian membuat pre-FEED [kajian awal desain awal Masela]. Nah pre-FEED baru saja selesai Oktober 2018. Data pre-FEED kemudian menjadi dasar penyusunan POD 1. Mereka [Inpex] sedang finalisasi itu, jadi perlu waktu lama,” katanya.

Inpex berencana mengajukan perpanjangan kontrak blok migas lepas pantai di Laut Arafura, Maluku tersebut. Kontrak “Blok Masela akan berakhir November 2028. Kontraktor dapat mengajukan perpanjangan kontrak blok migas paling cepat 10 tahun sebelum kontrak berakhir.

Senior Specialist Media Relations Inpex Corporation Moch. Nunung Kurniawan membenarkan bahwa pihaknya memang sudah melakukan pembicaraan dengan Kementerian ESDM terkait dengan perpanjangan kontrak blok tersebut. Namun, katanya, pihak Inpex belum mengajukan secara resmi perpanjangan kontrak blok tersebut. 

“Kami masih terus berdiskusi dengan Pemerintah Indonesia tentang proyek LNG Abadi. Kami belum bisa berkomentar lebih jauh untuk saat ini,” kata Iwan. 

Disisi lain, Kementerian ESDM menyatakan bahwa pemerintah telah menyetujui perpanjangan kontrak Blok Masela hingga 20 tahun ke depan. Dirjen Minyak dan Gas Bumi, Kementerian ESDM Djoko Siswanto menyebut bahwa pada prinsipnya pemerintah sepakat dengan perpanjangan Blok Masela meskipun perusahaan migas dari Jepang tersebut belum mengajukan perpanjangan kontrak secara resmi.

“Nanti 28 November [2028] berakhir. Jadi November 2018, Inpex sudah bisa mengajukan perpanjangan kontrak. Sudah ada pembicaraannya, nanti administrasi-nya 28 November 2018, prinsipnya kita oke."

Dia mengatakan, dalam lawatan Menteri ESDM lgnasius Jonan ke Jepang beberapa waktu lalu, pemerintah telah meminta lnpex untuk segera menyelesaikan revisi POD tahap pertama. 

“Tahun ini approval-nya. Pemerintah minta lnpex biar cepat mengajukan POD.”

Soal insentif, dia mengatakan, hal itu akan dibahas setelah pembahasan mengenai biaya rampung seluruhnya. Proyek blok Masela dikelola oleh Inpex Masela Limited dengan komposisi saham partisipasi 65% dan Shell Up-stream Overseas Services Ltd. sebesar 35%.

Bisnis Indonesia, Page-24, Monday, Nov 19, 2018

Giant Fields Become a Stack



The investment in the oil and gas sector can only accelerate significantly if there are already findings of giant work areas in Indonesia.

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) said that the increase in investment in the oil and gas sector had a lot to expect from the findings of the giant working area. 

    Reflecting on the investment realization up to 31 October 2018 which reached US $ 8.7 billion or 61% of the total planned target for this year, the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) stressed that the future potential does not change performance .

the Masela Block

At least until the production facilities of the Masela Block are realized, which is around the year 2021-2022 and the deep-sea oil and gas project. SKK Migas Head Amien Sunaryadi said that the investment in the oil and gas sector in Indonesia does not seem to be big, because there is no work area (WK) that has large-scale oil and gas reserves. "So investment will be large if there is a large discovery. "This year [targets] have not been achieved, there are various factors," he said

The stagnant oil and gas investment in 2018 was also triggered by the overtaking of exploration and exploitation drilling, because it was postponed next year. In the future, SKK Migas emphasizes that it is more committed to guarding the exploration exploration. 

     In 2019, the main upstream oil and gas project which is planned to produce only comes from the Gajah Puteri Bison Iguana Block. Production from the oil and gas field in Riau Islands is planned to be carried out in the third / 2019 quarter.

If next year oil and gas investment is relatively stagnant, the investment plan in 2020 looks more passionate. Because, there are four oil and gas blocks that will begin production. Call it like the Badik Block from West Badik (quarter III / 2020) which is currently in the development of the Front End Engineering Design (FEED) tender, Tangguh Train-3 Block (quarter III / 2020) which is in the construction phase, Wasambo Block (IV quarter / 2020) in the FEED process, as well as the MDA and MBH Blocks by HCML which are planned to produce in the third quarter / 2020.

the MDA and MBH Blocks by HCML

Amien said that for the 2019 investment target it could not be predicted considering the cooperation contract work plan and budget (WPNB) of the contractor contractors (KKKS) were still being discussed. The oil and gas sector investment, according to Amien, can also be encouraged by the realization of a definite work commitment (KKP) for KKKS who already have the right to manage oil and gas block auctions with the Gross Split scheme.

Later, SKK Migas oversees the realization of the KKP contracted by the contractor in the first 5 years. Amien acknowledged that the KKP plan reported by the contractor was still based on the amount of investment and implementation per year, but did not include the projects being carried out. Especially for KKP, exploration activities are divided into WK and outside the WK or open area.

For exploration activities within the WK, KKKS can conduct surveys, airborne magnetic, airborne gravity, seismic, and exploration drilling. Meanwhile for the open area, activities ranging from surveys, airborne magnetic, airborne gravity and seismic.

"Especially for the CTF, it is ensured that this money must be spent on exploration. What we have to guard, do not let them report large amounts of exploration in open areas, apparently the realization is smaller, "Amien said.

Previously, Deputy Minister of ESDM Arcandra Tahar stressed that by relying on the KKP presented in the Gross Split, the management of the exploration block was more directed.

"The oil and gas business is indeed risky. Yes, it is calculated, because there is already initial data, if not from there, relying on government funds is not enough.

The KKP mechanism provides more certainty of investment funds for exploration than relying on funds issued through the State Budget (APBN). At least this is recorded from the amount of investment in the period 2010-2019 by the Geological Agency.

IN INDONESIAN

Ladang Raksasa Menjadi Tumpuan


Investasi sektor minyak dan gas bumi hanya bisa melesat signifikan bila sudah ada temuan wilayah kerja raksasa di Indonesia.

Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menyatakan meningkatnya investasi sektor minyak dan gas berharap banyak pada temuan wilayah kerja raksasa. Berkaca dari realisasi investasi hingga 31 Oktober 2018 yang mencapai US$ 8,7 miliar atau 61% dari total target rencana tahun ini, Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi (SKK Migas) menegaskan bahwa potensi ke
depan tidak banyak perubahan kinerja. 

Setidaknya sampai fasilitas produksi Blok Masela terealisasi yaitu sekitar tahun pada 2021-2022 dan proyek migas laut dalam. Kepala SKK Migas Amien Sunaryadi mengatakan investasi sektor migas di Indoensia terkesan tidak besar, karena belum ditemukan wilayah kerja (WK) yang memiliki cadangan migas skala besar “Jadi investasi akan besar kalau ada discovery besar. Nah tahun ini tidak tercapai [target], ada macam-macam faktornya,” katanya 

Tersendatnya investasi migas 2018 juga dipicu pergesaran pengeboran ekplorasi dan eksploitasi yang batal dilaksanakan, karena diundur tahun depan. Ke depan SKK Migas menegaskan untuk lebih berkomitmen mengawal realiasi ekplorasi. Pada 2019, proyek utama hulu migas yang rencananya berproduksi hanya bersumber dari Blok Bison Iguana Gajah Puteri. Produksi dari lapangan migas di Kepulauan Riau ini rencananya terlaksana pada kuartal III/2019.

Jika pada tahun depan investasi migas relatif stagnan, rencana penanaman modal pada 2020 tampak lebih bergairah. Pasalnya, ada empat blok migas yang akan mulai berproduksi. Sebut saja seperti Blok Badik dari West Badik (kuartal III/2020) yang saat ini dalam perkembangan tender Front End Engineering Design (FEED), Blok Tangguh Train-3 (kuartal III/2020) yang berada pada tahap konstruksi, Blok Wasambo (kuartal IV/2020) dalam proses FEED, serta Blok MDA dan MBH milik HCML yang rencananya berproduksi pada kuartal lll/2020.

Amien mengatakan untuk target investasi 2019 belum dapat diperkirakan mengingat rencana kerja dan anggaran (WPNB) kontraktor kontrak kerja sama (KKKS) masih dibahas. Investasi sektor migas, menurut Amien, juga dapat didorong dengan realisasi komitmen kerja pasti (KKP) bagi KKKS yang sudah memiliki hak mengelola lelang blok migas dengan skema Gross Split.  

Nantinya, SKK Migas mengawasi realisasi KKP yang disusun kontraktor dalam 5 tahun pertama. Amien mengakui rencana KKP yang dilaporkan kontraktor masih berdasarkan jumlah investasi dan pelaksanaan per tahunnya, tetapi tidak menyertakan proyek yang dikerjakan. Khusus untuk KKP, aktivitas eksplorasi terbagi di dalam WK dan di luar WK atau open area. 

Untuk aktivitas eksplorasi di dalam WK, KKKS dapat melakukan survei, airborne magnetic, airborne gravity, seismik, dan pengeboran eksplorasi. Sementara itu untuk open area, aktivitasnya mulai dari survei, airborne magnetic, airborne gravity dan seismik.

“Khusus untuk KKP dipastikan, bahwa uang ini harus dibelanjakan untuk eksplorasi. Yang harus kami jaga, jangan sampai mereka melaporkan eksplorasi di area terbuka dengan jumlah besar, ternyata realisasinya lebih kecil,” kata Amien.

Sebelumnya, Wakil Menteri ESDM Arcandra Tahar menegaskan dengan mengandalkan KKP yang dihadirkan dalam Gross Split, pengelolaan blok eksplorasi lebih terarah. 

“Bisnis migas itu memang berisiko. Ya dihitung, karena sudah ada data awalnya, kalau tidak dari situ, mengandalkan dari dana pemerintah tidak cukup.”

Mekanisme KKP lebih memberikan kepastian dana investasi untuk eksplorasi daripada mengandalkan dana yang dikeluarkan lewat Anggaran Pendapatan dan Belanja Negara (APBN). Setidaknya hal ini terekam dari jumlah investasi dalam kurun 2010-2019 oleh Badan Geologi.

Bisnis Indonesia, Page-2, Monday, Nov 19, 2018

Friday, November 16, 2018

Huda Promises to Prepare NGRR Oil Field



Three years of land acquisition were not immediately completed for the New Grass Root Refinery (NGRR) oil refinery plan in Remen and Mentoso Village, Jenu District, Tuban Regency. Pertamina's Managing Director Nicke Widyawati signaled a change of location.

Nicke Widyawati

Tuban Regent Fathul Huda hastily promised to work hard to complete land acquisition so that the NGRR plan remained in Tuban. NGRR is a Pertamina joint venture and Rosneft from Russia.

Rosneft Oil Company Russia

"Whatever is needed [NGRR] on this issue we are ready," said Fathul Huda, Thursday (11/15).

It is reported that NGRR requires 340 hectares of land in Jenu District. Some 15 percent of the land can be obtained because of the Ministry of Environment and Forestry (KLHK). 

     The remaining 85 percent of the land owned by residents does not want to be released. For this problem, Huda asked, so that all parties think broadly, do not think for themselves or personally. This NGRR project will improve the economy in Tuban.

Plan of Rosneft Refinery in Tuban East Java

"What do we want our children and grandchildren to work for, everything must be discussed, don't just refuse" Huda ordered.

The man born in Montong Tuban also expressed his desire that the two-state cooperation project be built in Tuban. Because it can prosper the survival of the people of Tuban. This oil refinery is important. How will our children and grandchildren continue "he concluded.

IN INDONESIAN

Huda Berjanji Siapkan Lahan Minyak NGRR


Tiga tahun pembebasan lahan tidak segera selasai untuk rencana kilang minyak New Grass Root Refinery (NGRR) di Desa Remen dan Mentoso, Kecamatan Jenu, Kabupaten Tuban. Direktur Utama Pertamina Nicke Widyawati memberi sinyal pindah lokasi.

Bupati Tuban Fathul Huda buru-buru berjanji akan berupaya keras menyelesaikan pembebasan lahan agar rencana NGRR tetap di Tuban. NGRR adalah perusahaan patungan Pertamina dan Rosneft dari Rusia. 

"Apapun yang dibutuhkan [NGRR] atas masalah ini kami siap," kata Fathul Huda, Kamis (15/11).

Diberitakan NGRR membutuhkan lahan 340 hektare di Kecamatan Jenu. Sebagian lahan sekitar 15 persen bisa diperoleh lantaran milik Kementerian Lingkungan Hidup dan Kehutanan (KLHK). Selebihnya 85 persen lahan milik warga belum mau dibebaskan. Untuk masalah ini, Huda meminta, agar semua pihak berpikir secara luas, jangan berpikir untuk diri sendiri atau pribadi. Proyek NGRR ini akan meningkatkan ekonomi di Tuban.

"Mau kerja apa anak cucu kita nanti, semua harus dibicarakan, jangan asal menolak" pesan Huda.

Pria kelahiran Montong Tuban itu juga menyatakan keinginannya agar proyek kerja sama dua negara itu tetap dibangun di Tuban. Karena bisa menyejahterakan kelangsungan hidup masyarakat Tuban.  Kilang minyak ini penting. Bagaimana kelangsungan anak cucu kita nanti" pungkasnya.

Surya, Page-3, Friday, Nov 16, 2018

The Government Found Five New Oil and Gas Reserves



The Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) found five new potential oil and gas reserves in the eastern region of Indonesia. The government claims the reserves are very economical to be developed and can enter the oil and gas block auction specifications.

The Head of the ESDM Geological Agency, Rudy Suhendra, said the five potential oil and gas reserves are located in West Singkawang, Banyumas Basin, Papua Boka Area, Kutai Basin and West Agats Area (Papua). However, the Geology Agency has not been able to explain in detail the potential of oil and gas reserves from the five regions. Understandably, the potential for oil and gas reserves can later be proven through exploration activities.

Banyumas Basin

"Resources are not yet known, only indications of a reserve, will be resumed. The process is at the Ministry of Energy and Mineral Resources Directorate General of Oil and Gas, there will be a sequence of exploration," added Rudy, Thursday (11/15).

Thus, the government expects five potential reserves to be included in the oil and gas block auction process. As a result, cooperation contract contractors (KKKS) can carry out further exploration activities. Moreover, according to Rudy, the five potential oil and gas reserves are very economical to develop.

"From the preliminary study, the potential for oil and gas reserves is very economical. Therefore, the data already exists. We hope this will be included in the auction process, then we will socialize to interested parties," said Rudy.

He acknowledged the efforts of the Geological Agency to find potential oil and gas reserves supported by funding as basic as possible from the State Expenditures Budget (APBN), which is worth Rp. 70 billion, for exploration activities.


IN INDONESIAN

Pemerintah Menemukan Lima Cadangan Migas Baru


Badan Geologi Kementerian Energi dan Sumber Daya Mineral (ESDM) menemukan lima potensi cadangan minyak dan gas (migas) baru di Wilayah timur Indonesia. Pemerintah mengklaim cadangan tersebut sangat ekonomis untuk dikembangkan dan bisa masuk spesifikasi lelang blok migas.

Kepala Badan Geologi Kementerian ESDM, Rudy Suhendra, menyebutkan lima potensi cadangan migas tersebut berlokasi di West Singkawang, Banyumas Basin, Boka Area Papua, Kutai Basin dan West Agats Area (Papua). Namun Badan Geologi belum bisa menjelaskan secara mendetail berapa potensi cadangan migas dari lima wilayah tersebut. Maklum, potensi cadangan migas nanti bisa dibuktikan melalui kegiatan eksplorasi. 

"Resources belum diketahui, hanya indikasi ada cadangan, nanti dilanjutkan. Prosesnya ada pada Direktorat Jenderal Migas Kementerian ESDM, nanti ada urutan eksplorasi," imbuh Rudy, Kamis (15/11).

Dengan demikian, pemerintah mengharapkan lima potensi cadangan bisa diikut sertakan dalam proses lelang blok migas. Alhasil, kontraktor kontrak kerja sama (KKKS) bisa melaksanakan kegiatan eksplorasi lebih lanjut. Apalagi, menurut Rudy, kelima potensi cadangan migas tersebut sangat ekonomis untuk dikembangkan.

"Dari kajian awal, potensi cadangan migas tersebut sangat ekonomis. Oleh karena itu, datanya sudah ada. Kami mengharapkan ini masuk dalam proses lelang, nanti kami akan mensosialisasikan kepada peminat,“ ungkap Rudy.

Dia mengakui upaya Badan Geologi menemukan potensi cadangan migas didukung oleh pendanaan ala kadarnya dari Anggaran Pendapatan Belanja Negara (APBN), yakni senilai Rp 70 miliar, untuk kegiatan eksplorasi.

Kontan, Page-14, Friday, Nov 16, 2018

Rekind Targeting Gas Tiung Biru



PT Rekayasa Industri, the developer of the Cirebon-Semarang segment of the transmission gas pipeline project, is targeting the supply of natural gas from the Jambaran Tiung Biru Field in Bojonegoro, Central Java to be channeled through the Cirebon-Semarang gas pipeline.

Yanuar Budinorman, Managing Director of Industri Industri (Rekind), said that the process of discussing the construction of the Cirebon-Semarang gas pipeline project has entered the final stage, including regarding the source of gas supply. Currently there are two gas sources being tested by the subsidiary, PT Pupuk Indonesia (Persero).

Jambaran-Tiung Biru, Cepu Block

The two gas sources come from Jambaran-Tiung Biru, Cepu Block which is managed by PT Pertamina EP Cepu (PEPC) as many as 20 million cubic feet per day (MMscfd). The natural gas supply will also be imported and the Madura BD Field, the Madura Strait Block managed by Husky CNOOC Madura Ltd. (HCML).


"That 20 MMscfd from Jambaran-Tiung Biru is one of them. We begged again, another 20 MMscfd plus from Husky. So because we have partnered with Pertagas [PT Pertamina Gas] and BBG [PT Bayu Buana Gemilang] who are looking for their source, but they already know the source and everything, "he said recently.

Rekind targets the physical construction of the gas pipeline to begin at the end of December 2018. PT Pertamina EP Cepu said that it would be available the addition of gas production from the Jambaran-Tiung Biru Field development project amounted to 20 MMscfd.

Pertamina EP President Director Cepu Jamsaton Nababan said the increase in production from the initial estimate of 172 MMscfd came from optimizing project design. Later, from the total production of 192 MMscfd, the allocation of 100 MMscfd is for Pertamina (Persero), which is then channeled to PLN for electricity needs in East and Central Java.

Gas of 72 MMscfd will supply industrial needs in Central and East Java. Meanwhile, his side is currently looking for potential buyers for gas allocation of 20 MMscfd.

"Is the process going to all Persero or other buyers. If there is interest, please. "

Meanwhile, Rekind, a provider of engineering, procurement and construction (engineering, procurement, construction / EPC), was awarded in the construction of the Kamojang 5 Geothermal Power Plant (PLTP).

Through the holding of the Conference of the Asean Federation of Engineering Organization (CAFEO 36th) on 12-14 November 2018, Rekind was awarded the 2018 Asean Engineering Award, for the company category. This award was given by AFEO for Rekind's achievements and innovations for engineering projects in the Asean region.

"We strongly support and appreciate the implementation of the 2018 Asean Engineering Award because it helped boost the growth and achievement of Rekind performance through good BUMN corporate governance, high competitive human resource management and maximizing the company's real contribution to society," said Yanuar Budinonnan

Yanuar stressed, the company he led received this year's award through the selection of the Indonesian Engineers Association for Rekind's innovation in the Kamojang-5 PLTP project with a capacity of 1x35 Megawatts (MW).

The project auction in 2012 was an international tender which was attended by four foreign contractors. The auction starts in the fourth quarter of 2012. through a process of technical and commercial evaluation. The Rekind-Sumitomo Corporation Consortium was announced as the auction winner in mid-2013.


"In the Kamojang-5 PLTP project, Rekind was trusted as the consortium leader with Sumitomo Corporation as a member of the consortium.

IN INDONESIAN

Rekind Incar Gas Tiung Biru


PT Rekayasa Industri, pengembang proyek pipa gas transmisi ruas Cirebon-Semarang, mentargetkan suplai gas bumi dari Lapangan Jambaran Tiung Biru di Bojonegoro, Jawa Tengah untuk dialirkan melalui pipa gas Cirebon-Semarang.

Direktur Utama Rekayasa Industri (Rekind) Yanuar Budinorman mengatakan, proses pembahasan pembangunan proyek pipa gas ruas Cirebon-Semarang telah memasuki tahap akhir, termasuk mengenai sumber pasokan gas. Saat ini sudah ada dua sumber gas yang tengah dicoba oleh anak usaha PT Pupuk Indonesia (Persero) tersebut.

Dua sumber gas tersebut berasal dari Jambaran-Tiung Biru, Blok Cepu yang dikelola PT Pertamina EP Cepu sebanyak 20 juta kaki kubik per hari (MMscfd). Suplai gas bumi juga akan didatangkan dan Lapangan Madura BD, Blok Madura Strait yang dikelola oleh Husky CNOOC Madura Ltd. (HCML).

“Itu 20 MMscfd dari Jambaran-Tiung Biru salah satunya. Kami lagi mohonkan, 20 MMscfd lagi plus dari Husky. Jadi karena kami sudah bermitra dengan Pertagas [PT Pertamina Gas] dan BBG [PT Bayu Buana Gemilang] yang mencari sumbernya mereka, tetapi sudah tahu sumber dan mana aja,” katanya, belum lama ini.

Rekind menargetkan, pembangunan fisik pipa gas tersebut dimulai pada akhir Desember 2018. PT Pertamina EP Cepu menyatakan akan terdapat
penambahan produksi gas dari proyek pengembangan Lapangan Jambaran-Tiung Biru sebesar 20 MMscfd. 

Direktur Utama Pertamina EP Cepu Jamsaton Nababan mengatakan, peningkatan produksi dari perkiraan awal sebesar 172 MMscfd tersebut berasal dari optimalisasi desain proyek. Nantinya, dari total produksi 192 MMscfd tersebut, alokasi sebesar 100 MMscfd diperuntukkan untuk Pertamina (Persero), yang kemudian dialirkan ke PLN untuk kebutuhan listrik di Jawa Timur dan Jawa Tengah.

Gas sebanyak 72 MMscfd akan memasok kebutuhan industri di Jawa Tengah dan Jawa Timur. Sementara itu, pihaknya saat ini sedang mencari calon pembeli untuk alokasi gas sebesar 20 MMscfd. 

“Sedang proses apakah ke Persero semua atau pembeli lain. Kalau ada yang minat silahkan.”

Sementara itu, Rekind, perusahaan penyedia rekayasa, pengadaan dan konstruksi (engineering, procurement, Construction/EPC) , mendapatkan penghargaan dalam pembangunan Pembangkit Listrik Tenaga Panas Bumi (PLTP) Kamojang 5.

Melalui penyelenggaraan Conference of Asean Federation of Engineering Organization (CAFEO Ke-36) pada 12-14 November 2018, Rekind dianugerahi penghargaan Asean Engineering Award 2018, untuk kategori perusahaan. Penghargaan ini diberikan AFEO untuk prestasi dan inovasi Rekind untuk proyek rekayasa di kawasan Asean. 

“Kami sangat mendukung dan mengapresiasi penyelenggaraan penghargaan Asean Engineering Award 2018 ini karena turut mendorong pertumbuhan dan pencapaian kinerja Rekind melalui tata kelola perusahaan BUMN yang baik, pengelolaan SDM yang berdaya saing tinggi dan memaksimalkan kontribusi nyata perusahaan bagi masyarakat," ujar Yanuar Budinonnan.

Yanuar menegaskan, perusahaan yang dipimpinnya tersebut menerima penghargaan tahun ini melalui seleksi Persatuan lnsinyur Indonesia atas inovasi Rekind dalam proyek PLTP Kamojang-5 berkapasitas 1x35 Megawatt (MW).

Pelelangan proyek pada 2012 ini merupakan tender internasional yang diikuti oleh empat kontraktor asing. Pelelangan dimulai pada kuartal IV/2012. melalui proses evaluasi teknis dan komersial. Konsorsium Rekind-Sumitomo Corporation diumumkan sebagai pemenang lelang pada pertengahan 2013. 

“Dalam proyek PLTP Kamojang-5, Rekind dipercaya sebagai pemimpin konsorsium dengan Sumitomo Corporation sebagai anggota konsorsium.

Bisnis Indonesia, Page-24, Friday, Nov 16, 2018

The contractor only thinks of IRR & legal certainty



How do you see the national oil and gas sector?

I don't look too much at the regime because this has nothing to do with exploration. So, what I see is the facts in the upstream oil and gas sector. Which is a problem where. Then I looked for a solution. Which is my authority, I do it. Because this is indeed the case, discovery [oil and gas field discovery] is indeed when seen from the year already, existed since the era of the First Order, the New Order, until the Reformation.

However, it has nothing to do. Discovery is related to exploration, not with its cabinet. So, what I did since becoming the Head of SKK Migas in 2014 I observed first. What is the situation like? Oh this is funny, after that I see which one I can take care of. Oh oh that, oh this is important, but this is not my authority, it is allowed.

The way it works is that. So, not everything I see as a problem can be done. There are also problems that I know the solution is like this, but I don't have the ability. Yes, let it go first.

How is the oil and gas sector going forward?

What kind of policy will come, I don't know, because in the future the cabinet is also different. For me, I have asked investors and also use my own logic. Cost recovery and gross split are not a problem. Investors see investment in the country as a royalty system, then with country B with cost recovery, it doesn't matter.

They will later ask the Investment office in Indonesia for example. His name is boss does not ask details, most questions asked are like this. How much investment in Indonesia is the Internal Rate of Return (IRR)? How many other countries? how much do we get?

As a boss, what do you think? What is seen is the IRR. Second, legal certainty. Well, they will decide with two things, the IRR and the legal certainty.

Indonesia is quite competitive about legal certainty?

According to them enough, quite competitive. They also see which big potential? In country A, for example, if the IRR is large, but the lead [oil and gas potential] is small, what for? This lead becomes a prospect, if the lead is small, big companies don't want it, different from medium or small companies. What I know in the oil and gas industry is that there are characters. So it is only natural that small oil and gas blocks do not appeal to large-scale oil and gas investors.

What about Pertamina, which gets the termination oil and gas block?

If I become the ruler of Pertamina, I say I don't want to. Look, like someone who has a car and wants to sell it after using 4 years, if I have money, of course I don't buy the auctioned car?

If I don't have money, then I buy it. If I drive a company, what is my performance index? Of course talk of profit. One measure of KPI is that my company's stock rises high. It turns out this way, we see ENI found the Zhor [Mediterranean] Block of that size, ENI shares rose. Of course directors can get a big bonus.



Well indeed for upstream companies, what is sought is a large field because fortunately there. However, if you operate a mature field, fortunately from where? Indeed there is no risk, so the return is small. Indeed, the discovery of the risk is big, but if you get the benefits are also large.

What is the secret of your leadership?

If I see the key is problem solving. So the problem is what is the solution. So, if I meet partners [the contractor of the contract] says, the problem is my business, so if you have any problems let me know I will solve it. The direction is just like that.

And they are open?

Wow they are very happy. Formerly like British Petroleum, they suddenly received a letter from the KPK. I did not know the story, there was no wind, there was no rain, came a letter from the Corruption Eradication Commission (CEC/KPK). Notifying them they may not use the Trustee Borrowing Scheme (TBS) scheme.

Now BP is coming back and forth. I help communicate with the KPK. Then finally there is a letter from the KPK which says please proceed. After that there was no problem. When investor problems are over, they will focus on the core business. Look for oil and find gas. Now that will help SKK Migas KPI. So, what I do is managing upstream oil and gas, right?

Do you have enough bureaucratic reform?

There is something funny that I consider to be a problem. In SKK Migas when I was invited to the meeting of the deputies, the invitation was in the form of a letter. I wasn't used to that before.

Then I thought, if this invitation from SKK Migas, on this day, can reach me, it can arrive tomorrow. So I tried the Commercial Division, if I just made an invitation in an email, I could. Finally all must be so. Paperless doesn't. Reduced yes. So if internal use email. I spent 3 months.

IN INDONESIAN

Kontraktor hanya Berpikir IRR & Kepastian Hukum


Bagaimana Anda melihat sektor migas nasional?

Saya tidak terlalu melihat ke rezim karena ini tidak ada hubungannya dengan eksplorasi. Jadi, yang saya lihat fakta-fakta di hulu migas ini seperti apa. Yang merupakan masalah di mana. Terus saya mencari solusi. Mana yang menjadi kewenangan saya, saya kerjakan. Karena memang begini, discovery [penemuan lapangan migas] ini memang kalau dilihat dari tahunnya sudah, ada sejak era Orde Iama, Orde Baru, hingga Reformasi.

Namun, tidak ada hubungannya. Discovery ini berhubungan dengan eksplorasi, bukan dengan kabinetnya. Jadi, yang saya lakukan sejak menjadi Kepala SKK Migas pada 2014 saya mengamati terlebih dahulu. Situasinya seperti apa? Oh ini lucu nih, setelah itu saya lihat mana yang bisa saya urus. Oh oh itu, oh ini penting, tapi ini bukan kewenangan saya, maka dibiarkan.

Cara kerjanya begitu. Jadi, tidak semua yang saya lihat sebagai masalah bisa dikerjakan. Ada juga masalah yang saya tahu solusinya begini, tetapi saya tidak punya kemampuan. Ya sudah biarkan dulu. 

Bagaimana sektor migas ke depan?

Kebijakan yang akan datang seperti apa, saya tidak tahu, karena ke depan kabinetnya juga berbeda. Kalau saya, sudah tanya  investor dan juga menggunakan logika saya sendiri. Cost recovery dan gross split itu tidak masalah. Investor itu melihat investasi di negara ada dengan sistem royalty, lalu dengan negara B dengan cost recovery, tidak masalah.

Mereka nanti minta ke kantor Investasi di Indonesia  misalnya. Namanya bos tidak tanya detail, paling pertanyaan yang diajukan begini. Kalau investasi di Indonesia Internal Rate of Return (IRR) kita dapat berapa? Kalau di negara lain berapa? kita dapat berapa? 

Sebagai bos mikirnya bagaimana? Yang dilihat adalah IRR-nya. Kedua, kepastian hukum. Nah, mereka akan memutuskan dengan dua hal itu, IRR dan kepastian hukum. 

Indonesia cukup kompetitif masalah kepastian hukum?

Menurut mereka cukup, cukup kompetitif. Mereka juga melihat potensi yang besar mana? Kalau di negara A misalnya kalau IRR besar, tetapi lead [potensi migas] kecil, buat apa? Lead ini menjadi prospek, kalau lead-nya kecil perusahaan besar itu tidak mau, berbeda dengan perusahaan medium atau kecil. Yang saya tahu di industri migas ada karakter seperti itu. Makanya wajar kalau blok migas kecil tidak menarik bagi investor migas skala besar. 

Bagaimana dengan Pertamina yang mendapat blok migas terminasi?

Kalau saya jadi penguasa Pertamina, aku bilang tidak mau. Begini, semisal ada yang punya mobil lalu ingin menjualnya setelah memakai 4 tahun, kalau semisal saya punya uang tentu tidak membeli mobil yang dilelang itu dong?

Kalau tidak punya uang, setelah itu saya beli. Kalau saya menyetir perusahaan, apa itu KPI [indeks kinerja] saya? Tentu bicara profit. Salah satu ukuran KPI adalah kalau saham perusahaan saya naik tinggi. Ternyata begini, kita lihat ENI menemukan Blok Zhor [Mediterania] dengan ukuran sebesar itu, saham ENI naik. Tentu direksi dapat bonus besar.

Nah memang untuk perusahaan hulu, yang dicari adalah lapangan besar Karena untungnya di situ. Namun, kalau mengoperasikan lapangan mature [tua], tapi untungnya dari mana? Memang tidak ada risiko, makanya return-nya kecil. Memang discovery risikonya besar, tapi kalau dapatkan keuntungannya juga besar.

Apa rahasia kepemimpinan Anda?

Kalau saya lihat kuncinya adalah problem solving. Jadi, masalahnya apa solusinya apa. Makanya saya kalau ketemu mitra [kontraktor kontrak kerja sama] bilang, problem is my business, so if you have any problem let me know i will solve it. Arahnya begitu aja. 

Dan mereka terbuka?

Wah mereka sangat senang. Dulu seperti British Petroleum, mereka tiba-tiba dapat surat dari KPK. Saya tidak tahu ceritanya, tidak ada angin tidak ada hujan, datang surat dari Komisi Pemberantasan Korupsi (KPK). Memberitahukan mereka tidak boleh menggunakan skema Trustee Borrowing Scheme (TBS).

Nah BP ke sini bolak-balik. Saya bantu berkomunikasi dengan KPK. Terus akhirnya ada surat dari KPK yang isinya silakan dilanjutkan. Setelah itu tidak ada masalah. Kalau masalah investor selesai, mereka akan fokus ke inti bisnisnya. Cari minyak dan mencari gas. Nah itu yang akan bantu KPI SKK Migas. Jadi, cara kelola hulu migas yang saya lakukan ya begitu.

Cukup banyak reformasi birokrasi yang Bapak lakukan?

Ada yang lucu-lucu saja nih yang saya anggap sebagai masalah. Di dalam SKK Migas dulu waktu saya masuk diundang rapat deputi, undangannya itu berbentuk surat. Saya sebelumnya tidak terbiasa begitu.

Lalu saya pikir, kalau begini undangan dari SKK Migas, pada hari ini, bisa sampai pada saya, bisa sampai besok. Jadi saya coba Divisi Komersial, kalau memo undangan di email saja, bisa. Akhirnya semua harus gitu. Paperless sih tidak. Berkurang iya. Jadi kalau internal memakai email. Itu 3 bulan saya menghabiskan waktu.

Bisnis Indonesia, Page-24, Friday, Nov 16, 2018