Bergesen Worldwide Offshore (BW Offshore), Norway’s oil field production services firm, on September 26 was in talks with Malaysia to provide natural gas Floating Production, Storage and Offloading (FPSO) units, according to Reuters.
A contract in Malaysia could be breakthrough into the Southeast Asia region where several offshore fields are likely to start producing oil and gas in the next few years.
Malaysia plans to develop about 10 deepwater fields in the next several years.
“We are discussing various blocks, but it’s too early to say which block we will develop a project on,” chief executive officer Svein Moxnes Harfjeld told Reuters in Singapore.
Harfjeld said Petroliam Nasional Bhd (Petronas) found the (gas FPSO) concept “interesting” and entered last year into a “strategic cooperation” agreement with BW Offshore through its subsidiary MISC Bhd.
“Our focus on gas FPSOs is something that in the future we are confident would be quite an exciting market. We are in discussion with a number of prospective projects. Malaysia is one area, but we have discussions elsewhere as well,” he said.
BW Offshore earlier this year opened an office in Kuala Lumpur.
