BP Berau Ltd

MARKET ASSESSMENT NOTIFICATION

FOR TANGGUH THREE TRAINS LNG VESSEL REQUIREMENT

BP Berau Ltd,(BP), a production sharing contractor for SKKMIGAS, the Indonesian regulatory body for oil and gas upstream activity, and the Operator of the existing Tangguh LNG production facility, is conducting a Market Assessment to obtain the latest and most up to date market information on LNG. Vessel Acquisition capability and capacity.  information obtained and received from this Market Assessment may be utilized as input in developing a Contracting Strategy for future projects.

Tangguh Project is a world class integrated upstream and LNG liquefaction plant located in Bintuni Bay, West Papua Province. BP Berau Ltd (BP) is the Unit operator leading an international joint venture that includes CNOOC, Nippon Oil, MIB, LNG Japan and KG. The Tangguh LNG expansion plan (Tangguh Train 3) will add 3.8 million tonnes per annum (mtpa) LNG train to the existing project, bringing Tangguh’s total capacity to 11.4 mtpa.

The target for 3 Trains LNG production, place it to a position supplying the LNG to key Asia Pacific customers (Japan, South Korea and China), Mexico and domestic markets (Regas Terminal & FSRU) for which LNG is considered as a key strategic resource. For 3 Trains, the project may require one LNG carrier to replace one of the existing fleet in a ranges of approximately one hundred forty five thousand cubic meters (145,000 m3) to one hundred fifty Eve thousand cubic meters (155,000 m3). The project will consider a “Project New-build” vessel or an "Existing" vessel (either in operation, under construction or under contract for construction). In the event the vessel at 20 years old on the delivery (2024-2025), it is mandatory to have CAP-1 (Condition Assessment Program-1), The Project will consider all available propulsion system and containment system;

The LNG ship will be on Indonesian Flag on the Delivery Date.

Through this market assessment, BP wishes to understand your company’s and the markets' capacity, capability and experience in provision of these services for Tangguh LNG. The information we would like you to provide is concisely listed in the Market Assessment Questioners that will be shared to the interested company by contacting following: Istiawedi at istiawedi@bp.com & cc Ratna Palupi at ratna.palupi@bp.com.

We kindly inform you that this market assessment is not a part of any formal procurement process, nor it is an invitation to participate in any subsequent procurement process with BP. lf BP has a firm requirement for this service, it will carry out the appropriate procurement process through a separate and distinct formal process in accordance with BP policies and prevailing Indonesian regulations, e.g. PTK-007.

Further detail Market Assessment Questioners documents shall be submitted in sealed envelope with the following details:

Submission: Friday, 30-August-2019, 13.00 WIB (at the latest)

Tower E, 1st floor - Tender administration

Attention to: Ibu Tutik Lestari

Title: Market Assessment - LNG Vessels for Shipping Operations Group

Jakarta, 21-Agustus-2019