Husky-CNOOC to award 2016's first leased floating production job

Singapore

HUSKY-CNOOC Madura Limited (HCML) stands as among the first field operators this year to award a leased floating production contract, as it looks set to wrap up an ongoing tender tied to the MDA-MBH gas-and-condensate project in Indonesia.

HCML is a joint venture that brings together the Canadian Husky Energy and China National Offshore Oil Corporation (CNOOC) for the project in Indonesia's Madura Strait production sharing contract (PSC).

The Business Times understands that a contracting partnership between CNOOC Enertech and Pulau Kencana Raya (PKR) has won the tender for the supply of a barge-shaped floating production unit (FPU), which will go on a fixed 10-year term contract, with …