Eni Starts Up Deepwater Merakes Field
Eni (NYSE: E) has announced that it has started gas production from the Merakes Project. Eni (NYSE: E) has announced that it has started gas production from the Merakes Project, which is located in the East Sepinggan block in the Makassar Strait, deep offshore East Kalimantan, Indonesia. Five deepwater subsea wells will guarantee a production capacity of 450 million standard cubic feet per day, equivalent to 85,000 barrels of oil equivalent per day, at the site, Eni outlined. The field has been connected to the Jangkrik Floating Production Unit, which is operated by Eni and situated around 28...