MTC Engineering Sdn Bhd's (MTCE) commitment to growth beyond the Malaysia oil & gas industry is further enhanced with the award of the FPSO Forel project in 2022 by Medco E&P Natuna Ltd (a subsidiary of Medco Energi) to a Consortium comprising of PT Hanochem Tiaka Samudera, PT Cakra Bahana and MTC Engineering.
MTCE is a key member of the consortium responsible for the conversion of FPSO Marlin Natuna, which will support the crude production for the Forel field development in South Natuna Sea Block B, Indonesia. The project shall leverage on MTCE experiences in FPSO Engineering, Procurement, Construction and Installation (EPCI) and Operation & Maintenance (O&M) to complement local expertise for development of the Indonesia Oil & Gas industry.
MTCE working alongside the consortium members are responsible for the engineering, integration, and support the modification of the existing vessel, aligning with stringent industry and local regulatory standards. The FPSO under its conversion at PT PaxOcean shipyard in Batam is considered as the first FPSO conversion in Indonesia with a major milestone achieved in terms of local content exceeding 80% local content requirement set by the Indonesia government.
Following extensive RLEC and onshore commissioning, on 30th of September 2024 a sailaway ceremony was held by Medco E&P to celebrate the successful completion of the conversion works together with the official name of the FPSO. She is named “Marlin Natuna” and was set to continue to the next phase of the project in Q4 2024 for offshore installation at Forel Field.
FPSO Marlin Natuna is planned to contribute an estimated 10,000 barrels of oil per day (BOPD) with a storage capacity of 250,000 barrels, the FPSO Marlin Natuna will significantly contribute to Indonesia’s domestic energy production and ultimately strengthen the position of Medco Energi as a key player in Indonesia FPSO industry.
MTCE’s role in the project reinforces its expertise in offshore engineering solutions and strengthens its position in the regional oil and gas industry. MTC Engineering has a significant presence in Malaysia FPSO with track records in developing marginal fields with deployment of two FPSO, Nautica Muar and MTC Ledang for the Malaysian waters. This new venture to Indonesia after its first venture in 2017 is a proof of MTC Engineering continuous commitment to be a key player in the regional FPSO scene.
