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](https://eagle.industry.co.id/uploads/berita/detail/1017.jpg)
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.
Read Also
The 7th Abu Dhabi Dialogue in Dubai: Commitment to Enhance Migrant…
Pertamina Hulu Rokan expounds on wetland innovations at COP28
Pertamina reaffirms its commitment to net zero emissions by 2060
President Jokowi Inaugurates Tangguh Train 3 Project in Teluk Bintuni…
MMA Offshore Automates Onboarding With Boomi
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
![Unveiling New Opportunities](https://eagle.industry.co.id/uploads/berita/small/5778.png)
Rabu, 26 Juni 2024 - 14:52 WIB
Unveiling New Opportunities
As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.
News Comment