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Petromin marine and offshore Jan-Feb Issue

project news Bids &

project news Bids & Pieces SOUTHEAST ASIA Indonesia to Auction 43 Oil and Gas Blocks by March INDONESIA The Energy and Mineral Resources Ministry plans to offer 40 conventional and three unconventional oil and gas blocks through a tender in early March, including 32 blocks that failed to attract investors in 2015-2017 auctions. 26 January to February 2018

The winners of the upcoming tender manage the electrical requirements. will operate all of those blocks using This is Petronas’ second floating liquefied natural gas (PFLNG 2) facility and will be moored over the deep-water Rotan gas field, located off the Malaysian coast. the new gross-split mechanism, which requires investors to pay exploration and production costs instead of relying on the government’s reimbursement as seen under the former costrecovery scheme. “We will offer all of those blocks in early March,” the ministry’s secretarygeneral Ego Syahrial told reporters in January. In December 2017, the ministry announced it had found bidders for five of 15 oil and gas blocks offered through that year’s auction. Among the bidders are the United Arab Emirates-based Mubadala Petroleum, Spain’s Repsol Exploración SA and a consortium consisting of the United Kingdom-based Premier Oil Far East, Mubadala Petroleum and Singapore’s Kris Energy. MALAYSIA ABB Completes the Tallest E-Houses on A Floating LNG Facility With a height of a five-story building, the world’s tallest, single lift prefabricated electrical structures – or e-houses – for offshore use are being installed on a floating liquefied natural gas facility (FLNG). The installation, for Petroliam Nasional Berhad (Petronas), is also the world’s first commercial floating LNG facility featuring ABB e-houses which are used to In addition to its impressive size, the project was completed with a record of two million manhours with zero lost time injury. A priority for safety has also been imbedded into the future operations of the facility by incorporating the latest technologies adapted to corrosive offshore environments. The fully engineered electrical system contained within the e- house will include transformers, switchboards, motor-control centers and ABB’s Process Power Manager that ensures reliable and stable electricity supply to the FLNG facility. The ministry is optimistic that it will also find many bidders for blocks offered through the upcoming auction, especially considering the increasing crude prices. January to February 2018 27

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