Kikeh Replacement FPSO Project
Sector: Oil and Gas • Location: Kuala Lumpur, Sabah, Malaysia
Source: Upstream Online
The project involves the replacement of the floating production, storage and offloading (FPSO) vessel for the Kikeh oil and gas field offshore Malaysia. The replacement FPSO is sought on a 10-year fixed-term lease with potential extensions, with production capacity estimated between 40,000 and 46,000 barrels per day of oil and gas handling up to 90 million cubic feet per day. The existing FPSO has
- Status
- Prospective
- Sector
- Oil and Gas, Commercial
- Location
- Kuala Lumpur, Sabah, Malaysia
- Updated
- 22 Jul 2026
- Source
- Upstream Online
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Project Information
Participants
Company |
Status
Original status | Bidding |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the replacement of the floating production, storage and offloading (FPSO) vessel for the Kikeh oil and gas field offshore Malaysia. The replacement FPSO is sought on a 10-year fixed-term lease with potential extensions, with production capacity estimated between 40,000 and 46,000 barrels per day of oil and gas handling up to 90 million cubic feet per day. The existing FPSO has a capacity of 120,000 bpd of oil and 150 MMcfd of gas, with a storage capacity of 2 million barrels, and its hull is 50 years old with lease expiring in January 2028. Commercial offers for the replacement FPSO were recently submitted by up to four contenders after delays. |
Original sector | Energy |
Location
Country | Malaysia |
State | Sabah |
City | Kuala Lumpur |
Source
Source | Upstream Online |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Commercial |
Article published date | 2025-06-17 |
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