Previously Working on US, Pertamina Now Manage the Sanga-Sanga Block

By : Ahmad Fadli Dan Aldo Bella Putra | Friday, August 10 2018 - 04:00 IWST

Migas Ilustrasi
Migas Ilustrasi

INDUSTRY.co.id - Jakarta - Pertamina Hulu Sanga-Sanga (PHSS), a subsidiary of PT Pertamina (Persero), officially became the new operator of the Sanga-Sanga Oil and Gas Work Area, which was previously managed by Virginia Indonesia Co. Cooperation Contractor (KKKS). (VICO) from the United States. Submission of WK management is carried out after the VICO operator contract based on WK Sanga-Sanga Production Sharing Contract (PSC) ends on August 7, 2018.

"The handover of WK Sanga-Sanga to PHSS will be followed by the process of resolving rights and obligations, especially related to clean and clear financial agreements, taxes, over under lifting, inventory, and capital assets," said SKK Migas Head Amien Sunaryadi through a press release on Tuesday. (7/8/2018).

Amien said, before the Sanga-Sanga WK ended, VICO had completed all financial commitments ranging from signature bonuses, production bonuses, to the provision of abandonment and site restoration (ASR) funds.

To maintain the operational continuity of WK Sanga-Sanga after 7 August 2018, SKK Migas, PHSS and VICO have finalized the mirroring of procurement contracts in WK Sanga-Sanga.

The Sanga-Sanga Work Area has seven fields, namely Badak, Beras, Lampake, Nilam, Mutiara, Pamaguan and Semberah. Data at the end of July 2018 WK Sanga-Sanga oil and condensate production is 10,753 BOPD and Gas 80.7 MMSCFD.

"The success of the transfer of WK Sanga-Sanga management will prove Pertamina as a world-class oil and gas company. All components of the nation's children should support this goal," Amien said.

The symbolic handover of WK Sanga-Sanga was carried out by SKK Migas Head Amien Sunaryadi to Pertamina Hulu Indonesia's President Director Bambang Manumayoso, witnessed by PHSS Director, Andi Wisnu and VICO Indonesia CEO Tumbur Parlindungan on Tuesday (07/08/2018) in Lapangan Badak, Kalimantan East.

News Comment

Today's Industry

Jamkrindo

Sabtu, 18 Agustus 2018 - 23:30 WIB

Thousands of People Enliven Jamkrindo Healthy Walk

Gorontalo - Thousands of people enliven the 5 kilometer healthy walk to commemorate the 73rd Anniversary of the Proclamation of Independence of the Republic of Indonesia held by Perum Jamkrindo…

Dirut BTN Maryono (Fot Rizki Meirino)

Sabtu, 18 Agustus 2018 - 23:00 WIB

The economy starts to stretch, Bank BTN is ready to expand in Bengkulu

Jakarta - PT Bank Tabungan Negara Tbk (BBTN) or Bank BTN is ready to expand in Bengkulu province as economic growth begins to wriggle in the area because the demand for subsidized housing loans…

Menteri PUPR Basuki Hadimuljono (Foto Ist)

Jumat, 17 Agustus 2018 - 22:39 WIB

Minister Basuki Ensures There Are No New Projects Except Dam

Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono said there were no new infrastructure projects undertaken by the Government in 2019 except for dam construction.

President Joko Widodo together with Minister of PUPR Basuki Hadimuljono check the work of Bocimi Toll

Jumat, 17 Agustus 2018 - 22:37 WIB

Infrastructure Development Grows a New Economic Center

Infrastructure development carried out by the government in various regions can foster new economic centers, said the Chancellor of the University of Jenderal Sudirman (Unsoed) Purwokerto Professor…

Presiden Joko Widodo (Foto: Ist)

Jumat, 17 Agustus 2018 - 22:36 WIB

2019, the Government will Prepare 905 Km of Toll Roads and 48 Dams

In addition to increasing the development of human resources, President Joko Widodo (Jokowi) said, the Government also continued infrastructure development.