O&M players eyeing deals tied to BP's US$12b Indon development

Singapore

SINGAPORE-listed offshore and marine players aligned with Indonesia's cabotage rules would be looking forward to contracting opportunities tied to BP's US$12 billion Tangguh liquefied natural gas Train 3 development in Indonesia's West Papua province.

BP has put out four key tenders for Tangguh Train 3 development, out of which two are likely to attract direct bids from Singapore-listed offshore support vessel (OSV) and rig operators.