16 companies eyeing Chevron?s deepwater FEED

Sixteen participants have submitted pre-qualificaition (PQ) bids for Chevron?s East Kalimantan deepwater gas project Floating Production Unit (FPU) and Subsea Front-End Engineering Design (FEED), an official with upstream oil, gas authority BPMIGAS said on Thursday.

Deputy Chairman Hardiono said the 14 participants for FPU FEED are: (1) Bechtel Indonesia, (2)EJJV Engineering Indonesia, (3) JGS Indonesia, (4)Worley Parsons Indonesia, (5)Reka Patria Eka Guna, (6) KBR Engineers Indonesia, (7)Woodgroup Indonesia, (8) Petrofac IKPT International, (9) Technip Indonesia, (10) Hallin Marine Indonesia, (11)AMEC Berca Indonesia, (12) Bahari Engineering Consultant, (13) PP Equinox and (14) Fluor Daniel Indonesia.

Meanwhile, he said, there are 13 participants for Subsea FEED which include participants number 1-11 for FPU FEED plus (12) Singgar Mulia Dors Engineering and (13) Marine Engineering Services.

He did not disclose when the winners would be picked.

Hardiono earlier said EPC tender for the project would be opened late 2010 or early 2011.

The project, known as Indonesia Deepwater will be the first deepwater subsea mega project in Indonesia. The project will require development capital of US$7-8.5 billion and first gas is estimated 6.5-8 years from PoD approval. PoD for the project was approved by the government last year.

The project would extract 2-4TCF of gas in the form of development of 5 integrated gas fields in 4 PSCs namely Muara Bakau PSC, Makassar Strait PSC, Ganal PSC and Rapak PSC.

Gas from the fields will boost supply to Bontang LNG plant. (godang)