Singapore-headquartered independent Jadestone Energy has taken the final investment decision on its Akatara gas field development on the Lemang production sharing contract in Sumatra, Indonesia.

Jadestone intends to pursue a low-cost development of the field, including efficient reuse of existing wells and infrastructure, thereby minimising incremental impact on the local environment.

Indonesia’s upstream regulator SKK Migas has reportedly said the engineering, procurement and construction tender has been launched for Akatara and Upstream is attempting to confirm the status of the EPC bid process with Jadestone itself.