Killajoules

Chevron Deepwater Gas Project in Indonesia Enters Design Phase
Chevron Corporation (NYSE:CVX)today announced the award of major front-end engineering and design (FEED) contracts for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia.

INPEX signs Heads of Agreement with PT Nusantara Regas
INPEX CORPORATION (INPEX) announced today that INPEX and its partner Total E&P Indonesie, operator of the Mahakam PSC, signed a Heads of Agreement with PT Nusantara Regas pertaining to the supply of 11.75 million tons of Bontang LNG over the period of 2012-2022 to the West Java LNG terminal, the first LNG receiving terminal to be built in Indonesia (Floating Storage Regasification Unit). PT Nusantara Regas is a joint venture between PT. Pertamina (Persero) and PT. PGN (Persero) Tbk. This Heads of Agreement will be followed by an LNG Sale and Purchase Agreement to be executed in 2011 prior to the start-up of deliveries.