Progress continues in Madura Strait project: Husky

Thursday, May 7 2015 - 12:18 AM WIB

By Romel S. Gurky

Canadian firm Husky Energy announced on Wednesday 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 39 percent complete, and construction of the FPSO vessel has commenced.

Tender plans for the MDA and MBH development projects were approved by SKK Migas, and the tendering process is in progress.

The Gas Sales Agreement for the first tranche of gas from this development is complete and awaiting final approval from the regulator.

Husky has a 40 percent interest in Madura Strait.

Meanwhile, exploration work, including tendering for a three-dimensional seismic survey covering the Anugerah block in offshore East Java, is in progress.

Husky Energy through its subsidiary Husky Anugerah Ltd holds a 100 percent interest in the block, awarded in February of last year. The contract area is located approximately 150 kilometers east of the Madura Strait Block.

Editing by Johannes Simbolon

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