MISC on track to win gas charter job

AmInvestment Bank Research said the contract is expected to be awarded in 2025.

PETALING JAYA: MISC Group is believed to be well-positioned to win the charter contract for the Kelidang ultra-deep water gas project, offshore Brunei, due to Petroliam Nasional Bhd’s (PETRONAS) 51% equity stake in the group.

AmInvestment Bank Research stated that PETRONAS had recently issued tender documents to selected floating production, storage and offloading (FPSO) suppliers for the contract.