Italy's Eni Makes Major Indonesian Offshore Gas Discovery
04.20.2026 By Tank Terminals - NEWS

April 20, 2026 [Reuters]- Eni has made a major gas discovery in the ​Ganal block offshore Indonesia, the Italian oil and ‌gas group said on Monday in a statement.

 

  • Preliminary estimates indicate volume of 5 trillion cubic feet of gas ​and 300 million barrels of condensate.
  • The discovery was ​made by the Geliga-1 exploration well at ⁠a depth of around 5,100 metres in a ​water depth of about 2,000 metres, Eni said in ​the statement.
  • Analyses are ongoing to evaluate accelerated development options, considering the proximity to existing and planned infrastructure, which offers ​potential synergies in time-to-market and cost optimisation, it ​said.
  • The new discovery is adjacent to the Gula gas discovery which ‌has ⁠estimated volume of 2 Tcf.
  • Indonesia’s energy minister Bahlil Lahadalia said he has formed a special team to help accelerate development of the projects and targets ​production to ​start in ⁠2028.
  • The discovery could help increase Eni’s Indonesian gas production to 2,000 million standard ​cubic feet per day in 2028, ​from around ⁠700 million standard cubic feet per day currently, the minister said.
  • Eni has been present in Indonesia since ⁠2001 ​and holds a diversified upstream ​portfolio across exploration, development and production activities.

 

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