MISC JV signs FPSO deal

The agreement will see it extending the floating production storage and offloading (FPSO) Kikeh charter contract for six years from January 2022 to January 2028, MISC said in a statement.

PETALING JAYA: MISC Bhd’s joint-venture (JV) with SBM Holdings Inc S.A., known as Malaysian Deepwater Floating Terminal (Kikeh) Ltd (MDFT), has entered into an agreement with PTTEP Sabah Oil Ltd.

The agreement will see it extending the floating production storage and offloading (FPSO) Kikeh charter contract for six years from January 2022 to January 2028, MISC said in a statement.