Dateline 2026-02-13, Upstream:
Equinox Nusantara Ventures (PTENV), an Indonesian joint venture between compatriot Perusahaan Pelayaran Equinox and Malaysia’s FPSO Ventures has won the operations and maintenance (O&M) contract for Indonesia’s first floating liquefied natural gas (FLNG) project.
Malaysian operator Genting Oil & Gas is advancing with its Kasuri FLNG project, with the first cargo now targeted by March next year.
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