Eni JV getting FPSO for Kitan field | Oil & Gas Journal

Rick Wilkinson
OGJ Correspondent

MELBOURNE, Feb. 2 -- Italy’s Eni SPA sent the Netherlands-based Bluewater Energy Services LLC a letter of award for supply of a floating production, storage, and offloading vessel for the Kitan oil field in the joint petroleum development area between Timor Leste and Australia in the Timor Sea.

The award is subject to approval from Eni’s JV partners Inpex Corp. and Talisman Energy Resources Ltd. along with the Timor Leste government.

Bluewater intends to supply its vessel Glas Dowr for a minimum of 5 years, which can be extended up to 10 years. Bluewater also will provide logistics and ancillary services for the project.

Kitan lies on Block JPDA 06-105. Eni estimates it holds 30-40 million bbl in recoverable reserves, which will be produced using three subsea wells connected to the FPSO.

Eni has 40% interest, Inpex 35%, and Talisman 25%.

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