Eni discovers 140 billion cubic meters of fuel within the Kutei basin | EUROtoday

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Eni broadcasts a brand new fuel discovery made by the exploratory nicely Geliga-1drilled into the block Ganal within the Kutei basin, about 70 kilometers from the coast of East Kalimantan, offshore Indonesia.

As laid out in a notice, preliminary estimates point out volumes in place equal to roughly 140 billion cubic meters of fuel (5 Tcf) e 300 million barrels of condensatei within the encountered interval. The Geliga-1 nicely was drilled to a complete depth of roughly 5,100 meters in roughly 2 thousand meters of water depth and encountered a major fuel column within the Miocene interval, characterised by glorious petrophysical properties.

A manufacturing take a look at is deliberate to judge the productiveness of the sphere. The Geliga-1 discovery suits into Eni’s exploration monitor document in Kutei Basin and follows the vital Geng North discovery, which occurred on the finish of 2023 simply 20 kilometers south of Geliga, in addition to the more moderen nicely discovery Konta-1introduced in December 2025. These outcomes affirm the numerous fuel play potential of the basin and the scalability of sources within the space.

Biorefining in Priolo

Meanwhile Saipem he signed with Eni Industrial Evolution the principle contract for the development of the brand new one Priolo biorefineryin Sicily, a venture introduced on 3 February by Eni e Q8 Italyin line with what Saipem specifies in a press launch.

The contract, whose worth upon completion quantities to roughly 700 million eurosforesees completion of the works on the finish of 2028 and consists of Engineering, Procurement and Construction actions.