A joint venture between CNOOC Energy Technology and Pulau Kencana Raya has pulled ahead of its two rivals in the contest to provide a floating production unit for the Madura MDA and MBH project in Indonesia.
The Chinese-Indonesian alliance is understood to have submitted the best commercial offer to project owners Husky Energy and China National Offshore Oil Corporation (CNOOC).
Two other groups led by Modec and Emas Offshore, and also including Indonesian partners, are the two competing potential suppliers.
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