EPC and Installation for MDK Field

Project’s Name                                                    : EPC and Installation for MDK Field Development

Tender Method                                                    : Limited Tender

Field Business                                                      : Construction Work / Integrated Services

Summary of Scope of Works                                 :

Contractor should be fully responsible to build facilities which consist of a four (4) legged unmanned platform and install 10” subsea pipeline approx.. 100 meter long connecting to a tie-in point at a water depth approx.. 103 meters.

Minimum Limits of Local Contents                         : 45%

Limited Bidders :

1.     Consortium PT PAL, Guangzhou Salvage, PT Hafar Daya Konstruksi and PT Sapta reksa Utama
2.     PT Saipem
3.     Consortium PT Technip Indonesia, PT Hanjung Indonesia, and TL Offshore Sdn Bhd
4.     Consortium PT Timas Suplindo and PT Bakrie Construction
5.     Consortium PT Gunanusa Utama and EMAs
6.     Consortium Meindo Elang Indah, PT Rajawali Swiber Cakrawala, and Swiber Offshore Construction Pte.Ltd
7.     PT McDermott Indonesia

           Location                                     : East Java Basin

Water Depth                               : 55-98m

Contract Area                              : 2,805 km2

Operator                                    : Husky-CNOOC Madura Ltd. ("HCML")

Working Interest                          : 20%

Contract Term                             : 20-year PSC expiring in October 2032

Discovered Fields

MDA (1984), BD (1987), MBH (2011), MDK (2012), MAC (2012), MAX (2012), MBJ (2012)

First Production   Expected by        : 2016