Husky, CNOOC charter floater offshore Indonesia

Offshore staff

KUALA LUMPUR, Malaysia – Husky-CNOOC Madura has contracted the joint venture of Bumi Armada Offshore and PT Armada Gema Nusantara to supply an FPSO for the Madura BD field development offshore Indonesia.

The location is roughly 65 km (40 mi) east of Surabaya and 16 km (10 mi) south of Madura Island.

The $1.18-billion contract covers a firm charter period of 10 years with options for five annual extensions. Operations on Madura BD are expected to start in late 2016.

12/12/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...