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

Published Tue, Feb 9, 2016 · 09:50 PM

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.

The offshore drilling arm of KS Energy is understood to have pre-qualified - along with five other shortlisted contenders - for a multi-year charter on a premium jack-up drilling unit. The jack-up drilling charter scheduled to commence in the first quarter of 2017, is for a fixed five-year …

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