Chinese yard closing in on Madura FPU deal

摘要

A consortium of two Malaysian contractors is nearing a deal with Chinese yard Nantong CIMC Sino-Pacific Offshore Engineering (CIMC SOE) for the provision of a floating production unit for the revamped development of a cluster of satellite fields off Indonesia for China National Offshore Oil Corporation (CNOOC) and Husky Energy. The floater is set to be used at the Madura satellite fields - known as the M satellite fields - operated by Indonesian joint operating player Husky CNOOC Madura Ltd (HCML).