Contractor of Cooperation Contract (KKKS) Medco E&P Natuna Ltd has revealed that the construction of floating production storage and offloading (FPSO) Marlin Natuna has been completed at The Sail Away Ceremony of Indonesia 1st FPSO Conversion Project.
“FPSO Marlin Natuna is part of the Forel and Bronang Projects in the South Natuna Block,” Wahju Widodo Djasmari, Deputy for Exploitation at the Upstream Oil and Gas Regulatory Task Force (SKK Migas), said on Monday, September 30, 2024.
This FPSO is a conversion of a tanker ship that will later be used to accommodate oil from the Forel Project in Natuna, Riau Islands as much as 10 thousand Barrels of oil per day (BOPD).
Ronald Gunawan, President Director of Medco E&P, said this achievement is proof of the company’s commitment to contributing to the development of the country’s oil and gas industry.
FPSO Marlin Natuna can store oil up to 250 thousand BOPD. This FPSO will sail in November 2024, and is the final part of the Forel-Bronang Project series. Its development has reached 80 percent using domestic component levels (TKDN).
Meanwhile, The Sail Away Ceremony of Indonesia 1st FPSO Conversion Project event was also attended by PaxOcean, an offshore asset development, conversion, and repair company owned by the Kuok Group from Singapore.
Forel-Bronang project
The Forel-Bronang project is targeted to be onstream starting in October 2024, with a production capacity of 10 thousand BOPD and 43 Million standard cubic feet per day (MMSCFD).
Dwi Soetjipto, Head of the SKK Migas said that the previous target was delayed from the initial plan in Q4 2023. Production was more than a year late due to financial constraints in the construction of the FPSO.
“They couldn’t finish it quickly and had to be supported by Medco itself,” Dwi said.
Wahju said that this project includes two major jobs. First, the construction of the Marlin Natuna FPSO. Second, the construction of a series of production facilities. These facilities include a platform at the Forel Project for five production wells, one gas injection well, and two additional wells.
For the Bronang Project, there is one platform for one production well and two reserve wells.
“Next is the installation of an eight-inch subsea pipe along 17 kilometers from the Bronang wellhead platform to Forel and other supporting facilities,” Wahju said.
Currently, the installation of the subsea pipeline has been completed and is waiting for the FPSO Marlin Natuna to sail in November 2024. The total investment for the entire Forel-Bronang Project reaches US$236 million (Rp3.5 trillion).
