According to local media reports on 5 July 2020, quoting SKK Migas's Deputy for Operations, Shell is selling its 35% participating interest (PI) in the Masela PSC, located in Timor Sea. Reportedly the block operator, Inpex, is currently in discussion with Shell for a potential takeover of the latter's PI in the PSC. The operator may opt to look for a new partner in the near future to take up a portion of PI and share the development cost of the Abadi field in the PSC.  With the exit of Shell as partner for the PSC plus the low demand of commodities due to coronavirus disease 2019 (COVID-19) pandemic, the onstream date of the Abadi field could potentially be delayed from the current planned date of 2027.  In early June 2020, the Regional government of Maluku approved the Governor Decree No. 96/2020, which lead to the implementation stage of after land acquisition. In mid-June 2020, the operator selected contractors for subsea FEED work in the field.  The Abadi project was initially envisioned by Inpex as a Floating LNG (FLNG) development due to the remote location of the field, in deep water and away from existing infrastructure. However, in March 2016, the President of Indonesia instructed the operator to change the FLNG scheme to an onshore LNG (OLNG) development, in order to maximize the benefit for local communities. The revised Abadi Plan of Development (POD) consists of four main elements:     OLNG plant, with a processing      capacity of 9.5 MTPA of LNG.   FPSO to support production of      up to 150 MMcfg/d and 35,000 bc/d.   Subsea drilling manifolds with      the related umbilicals, risers and flowlines, at maximum water depth of      approximately 800 m.   Gas export pipeline with a      length of 160 km, to deliver gas from the FPSO to the OLNG facility.
Indonesia (Bonaparte B.) Masela op. by SHELL (35%), INPEX (34%), JOGMEC (31%), Shell is selling its 35% participating interest (PI) in the Masela PSC, located in Timor Sea. 