wait what SPT having a CPP? lol

Tuah Energy is working on a SEPAT FEED now. The FPSO ITB you mentioned must be another job.

any announcement? Mcdermott got the job?

Has announcement out yet?

My guess would be nope.... must be MMHE lar.

This post has been edited by lock_82: Nov 25 2024, 08:12 PM

Not yet, said my source in the company.

There’s a possibility that the platform design may be tweaked in order to make the development economical.

Seems like months of delay again if needed to optimize the design further.

One year delay to be exact.

But 1 year of added job security for the team involved also right ?

No guarantee it will be only 1 yr delay thou. Keeping full team idling is also unlikely, so have to see who is lucky or unlucky ones? Heard they have a lot of expat as well.

Eavesdrop heard lang lebah like bye bye or postponed?

LL tu rumor since then early Oct..

Well recently BP announed Indo Tangguh FID.. it was delayed since 2014..

This post has been edited by lock_82: Nov 27 2024, 08:17 PM

They are looking at redoing FEED, hence the delay of FID.

Part and parcel of the job, I guess. 😁

Postponed.

LL is a giant gas field, a cash cow waiting to be milked. I think full development will eventually materialise, it’s a matter of time only.

Agree. It will happen but just when. Many gas fields even in Asia took long time to move into project phase e.g. Scarborough, Tangguh, Block B, Browse or likes of Mozambique, Qatar.

Saipem just awarded that Tangguh project.

Saipem is the gold standard EPC now in term of job wins.

Because Saipem buang harga haha