EPC at Husky?s gas project 29% complete
Thursday, February 12 2015 - 02:07 PM WIB
Canadian firm Husky Energy announced on Thursday progress continued on the shallow water gas developments in the Madura Strait Block, offshore East Java.
Work related to the BD field engineering, procurement, installation and construction contract is ongoing and approximately 29 percent complete. The contract with Malaysian firm Bumi Armada Berhad for the construction and lease of an FPSO vessel was signed in December 2014.
A contract has been signed to build and lease an FPSO vessel to develop the liquids-rich BD field. Construction of a wellhead platform and pipeline infrastructure for the BD field is under way with first gas planned in 2017.
Tender plans for the MDA and MBH natural gas fields received government approval and a gas sales agreement is under regulatory review. A Plan of Development was approved by government regulators for the MDK natural gas field. Production from all three fields is anticipated in the 2017-2018 timeframe.
Husky has a 40 percent interest in the Madura Strait developments.
Editing by Johannes Simbolon