Dateline 2025-02-10, The Malaysian Reserve:
THE nation will continue to see a strong pipeline of floating, production, storage and offloading (FPSO) and floating storage and offloading (FSO) vessel tenders and awards in 2025, driven by ongoing and upcoming offshore developments.
The latest tender for the Sepat Field FPSO, issued by Petronas Carigali Sdn Bhd, signals the sustained momentum in the country’s upstream sector. According to AmInvestment Bank Bhd, Petronas Carigali has called for tender submissions for the lease and operation of an FPSO for the Sepat Field, with the deadline set for March 5, 2025.
The move follows a pre-qualification exercise initiated in September last year, underscoring Petronas Carigali’s commitment to redeveloping the shallow water field located at Block PM313, approximately 130km east of Kuala Terengganu, Terengganu.
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Wata - Malaysian Oil and Gas Engineer 