NUENERGY GAS

ASIA NUENERGY

Delivering technical expertise to Indonesian energy

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ENERGY NuEnergy Gas is Indonesia’s independent clean energy provider, fully committed to exploration projects used to bring forward a new era for gas production Writer: Phoebe Calver | Project Manager: Josh Hyland ince its acquisition by Malaysian investment holding company, Globaltec Formation Berhad in 2014, NuEnergy Gas Limited (NGY) has found a new lease of life in the oil & gas industry. The independent clean energy coal-bed methane (CMB) company was founded in Australia in 1985, and now has the resources to develop a set of exciting CBM prospects in South Sumatra.

At present NGY is primarily involved in the exploration, appraisal and

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development of coal seam gas and coal-bed methane centrally focusing its efforts on Indonesia.

“Our current workload includes six onshore production sharing contracts (PSC) across South Sumatra, Central Sumatra and East Kalimantan,” explains Ian Wang, Chief Executive Officer at NuEnergy Gas. “We are fully focused on the quick movement of these high value unconventional gas assets, moving them from the exploration phase to the development and monetising stages of the project.”

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Clean energy potential

The Company firmly believes in the PSCs that it is working on at present and the potential that they have to produce clean energy gas; providing that an appropriate strategy and an experienced technical and financial management team are in place.

“The previous three and a half years of practice within the Company has provided us with an exceptional team and subsequently the progress we are making in PSCs is being fast-tracked,” continues Wang. “A great example is one of our PSCs located in South Sumatra, which we have moved into a preparation phase that we hope will enable us to deliver gas into the market in the next 12-18 months.”

The Company is hopeful that all of the PSCs that are currently in the pipeline will be moved onto development stages within the next two to four years, creating numerous opportunities for it to excel in the market.

“The majority of our investments since 2016 have been centrally focused

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a CBM asset from exploration to production, as well as the first in the industry to deliver gas to a local market.

“We are extremely proud of our innovative nature and the fact that we are able to operate as a low-cost company,” Wang adds. “From the CBM wells we have drilled within Indonesia, to our well-to-well cost, we have always been between a third and a half lower than our industry peers.

NuEnergy has the skill, people and technology required “We have the skill, people and to succeed technology required to deliver energy on bringing our Tanjung Enim PSC to domestic markets quickly across a through to development,” adds Wang. wide range of services.”

NGY is extremely proud of its people “Our first pilot for the project was drilled in 2016 and was followed shortly and firmly believes them to be at the heart of the Company and what after by the reserves certification required to gain approval from the it does. Through instilling values of Government of Indonesia, leading ethical behaviour and offering active employee training, it has ensured that to the planned development which all projects are carried out by the best commenced in August, 2017.” in the industry.

Exploration projects Some recent projects undertaken The Company is at the forefront of by the Company’s team include developments in Indonesia, as the first Tanjung Enim PSC, Muara Enim PSC, Muralim PSC, Rengat PSC and Bontang company in the country to upgrade

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PT.SUBUR SEDAYA MAJU

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T Subur Sedeya Maju always abides by its Company vision which is to provide the best services to its customers through quality of its work, ensuring that all work is carried out safely and punctually, and to ensure that all work carried out is kind to the environment.

T (0713) 7000466 - 7000643 E sedayamaju2000@yahoo.com

www.subursedayamaju.com

Bengalon PSC. “Our Tanjung Enim venture was located close by to a growing economy of the two industrial cities of Prabumulih and Palembang respectively,” states Wang. “We were able to work within well developed infrastructure thanks to the longestablished Bukit Asam Coal mine and Pertamina oil & gas facilities.”

Due to the excellent potential found when working near Prabumulih and Palembang, the Company’s other recent projects have been taking place there. Co-located with Tanjung Enim, NGY is using its Muara Enim PSC as a project to provide opportunities for integrated development within the industry.

“Muralim PSC is another of our colocated projects that has highlighted the importance of placement within well established regions,” affirms Wang. “Situated about 65 kilometres from some of the major gas trunk lines that lead to Java market and

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General Contractor - Supplier OUR VISION Providing the best services to service users include quality, timeliness while maintaining safety, workplace health and environmental protection.

OUR MISSION Caring for equipment to always be in good condition by providing a maintenance place (workshop) equipped with skilled workforce and equipment, materials, spare parts in quantities that meet the standards.

Fostering wor workers to form high-standard moral in order to understand ethics, manners, communicative, informative, and responsible so that it can create a harmonious working relationship.

Creating safe and safe working conditions by: 1] Keep your workplace clean and comfortable.

2] Provide PPE (Personal Protective Equipment) free of charge in accordance with safety standards.

3] Provide equipment / equipment work in good condition and meet safety standards.

4] Fostering the attitude of workers to become workers who have a safetybased behavior.

5] Implement program safety program, occupational health and environment.

PALEMBANG: JL. Soekarno - Hatta No.114E Tel: (0711) 444086 Fax: (0711) 446993

PRABUMULIH: Tel: (0713) 7000466 - 7000643 Fax: (0713) 325355 - 320617

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sedayamaju2000@yahoo.com

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with export opportunities to Malaysia and Singapore, and is proving to be enduringly successful.”

One of the Company’s newer projects located slightly away from the co-located projects previously mentioned is Bontang Bengalon PSC. The asset NGY is working on is located in close proximity to the growing industry cities of Bontang and Sangatta. Again, the project had already provided the Company with well developed infrastructure with thanks to the establishment of Bontang LNG Plant in Bontang and the pre-existing mining infrastructure in Sangatta.

Delivering clean energy

When working in an industry that is so inundated with similar companies, NGY has had to firmly establish itself as the industry leader in Indonesia.

“At NuEnergy our management team are recognisably hands-on, with all of them possessing years of industry experience that range from subsurface to dewatering and project completion

“At NuEnergy our management team are recognisably handson, with all of them possessing years of industry experience...”

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to gas delivery,” continues Wang. “We have complete certainty that we have collected the right mix of people with the industry knowledge to appraise excellent CBM assets with ease and at a low cost.”

Alongside the excellence found with the Company’s staff, its core strengths include in-depth technical expertise, strong local capability, trusted relationships within the Indonesia energy community and a well established reputation as business partner of choice within the country.

“Moving forward, delivering clean

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energy to the market while also protecting the environment will maximise our returns to investors,” concludes Wang. “However, it is also important to us to continue our work in connecting resources to local communities and the people living there.

“We hope to continue on with our focus on the four South Sumatra PSCs in order to develop the large CBM supply we have been working on recently; I hope that in the future I will be discussing the continued success of these projects.”

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NuEnergy Gas Limited DIPO Tower, 13th Floor Jl. Jend. Gatot Subroto Kav 51-52 Petamburan, Tanah Abang Jakarta 10260, Indonesia T: +62 21 2986 6161 E: ir@nuenergygas.com

www.nuenergygas.com

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