The Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced today that its Indonesian subsidiary, KUFPEC Indonesia, has received official approval from the Indonesian government for the development plan of the Anambas field, located offshore in the hydrocarbon-rich West Natuna Sea.

Key Project Details:

• Strategic Significance: The field lies in the resource-rich West Natuna Basin, a cornerstone of KUFPEC’s Southeast Asia portfolio.

• Development Plan: Approved strategy includes phased development to unlock the field’s gas and condensate potential.

• Infrastructure: Involves production well drilling, subsea pipeline installation, and integration with existing West Natuna transportation infrastructure.

Leadership Commentary:

KUFPEC CEO Eissa Al-Maraghi stated:
"This milestone reflects our long-term commitment to Indonesia’s exploration and production sector. We are grateful for the collaboration with SKK Migas, Indonesia’s Ministry of Energy, and all partners to advance this vital project."

Operational Impact:

• Production Start: Expected to supply domestic/regional gas markets, bolstering Indonesia’s energy security and economic growth.

• Local Collaboration: Joint efforts with SKK Migas and Indonesian energy authorities ensured regulatory progress.

Corporate Context:

• KUFPEC, a subsidiary of Kuwait Petroleum Corporation (KPC), specializes in international oil and gas E&P operations.