Mubadala in talks on Thai deal

Manora: The third floating, storage and offloading vessel that Mubadala Petroleum is tendering for

Mubadala Petroleum is lining up a front-end engineering and design studies contract for the development of a pair of oilfields off Thailand.

The Abu Dhabi-based company is believed to be in talks with Australian engineering giant WorleyParsons on a FEED contract that will potentially be extended to both the Nong Yao and Wassana oil discoveries in blocks G11/48 and G10/48, respectively.

WorleyParsons is said to be well-placed for the contract given its track record in executing FEED studies for the operator’s producing Jasmine oilfield in Block B5/27, also in the Gulf of Thailand. Jasmine has been producing from a floating production, storage and offloading vessel.

Mubadala is tendering for up to three floating, storage and…

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