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The company Conrad Asia Energy has formalized a binding agreement with the local firm PT. Timas Suplindo for the execution of the subsea infrastructure EPCI contract, technically known as SURF. This move ensures that the Mako gas field, located in the Natuna Sea, has the detailed engineering and installation of umbilicals, flowlines, and risers necessary for its commissioning.
The development of the Mako gas field
Indeed, the agreement involves the subsidiary West Natuna Exploration Limited (WNEL) and represents a logistical guarantee for the transport of the resource. The scope of the contract ranges from the verification of preliminary engineering to the procurement of critical materials such as subsea valves and line pipes. Likewise, the construction and fabrication of structures will be carried out under rigorous inspection tests before their deployment in the project area.
Furthermore, the financial details reveal a solid investment for the sector. The total capital expenditure until the first gas flow is estimated at $320 million. This amount reflects the scale of a two-phase program that includes the initial drilling of six development wells. These wells will be tied back to a mobile offshore production unit with a processing capacity of 172 million standard cubic feet per day.
Finally, regarding gas export, the infrastructure provides for an 18-inch pipeline approximately 59 kilometers long. This system will connect production to the KF platform in the adjacent block for subsequent distribution to the domestic market. Conrad’s CEO, Miltos Xynogalas, has expressed absolute confidence in Timas Suplindo’s ability to deliver this critical component of the development, emphasizing that the signing of the contract is a firm step toward the operational execution phase.
Source and photo: Conrad Asia Energy