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July 19, 2010

BW Offshore Wins Indonesian Gas Deal

BW Offshore has signed an $875m contract with Kangean Energy Indonesia for an FPSO to develop the Terang Sirasun Batur gas field, offshore Indonesia. Under the ten-year contract the scope of work includes providing the FPSO, risers, umbilicals and mooring system, as well as installing a

By cms admin

BW Offshore has signed an $875m contract with Kangean Energy Indonesia for an FPSO to develop the Terang Sirasun Batur gas field, offshore Indonesia.

Under the ten-year contract the scope of work includes providing the FPSO, risers, umbilicals and mooring system, as well as installing and operating the vessel.

The TSB FPSO will have a daily capacity of 340 million cubic feet of gas compression and conditioning.

Production of first gas is scheduled for early 2012, according to pennenergy.com.

PT Energi Mega Persada owns a 50% interest in Kangean Energy Indonesia while the remaining is held by Mitsubishi and Japan Petroleum Exploration, each with 25%.

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