SapuraKencana procures contracts worth approximately RM264 million - Randau Sarawak

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Friday, September 2, 2016

SapuraKencana procures contracts worth approximately RM264 million


SapuraKencana Petroleum Bhd (SapuraKencana) has secured contracts worth approximately RM264 million.
The company in a filing to Bursa Malaysia yesterday said its wholly-owned subsidiary SapuraKencana TL Offshore Sdn Bhd (SKTLO) has been awarded contracts with a value of approximately US$65.3 million or approximately RM264 million.
SKTLO has been awarded a contract by Repsol Oil and Gas Malaysia Ltd (formerly known as Talisman Malaysia Limited) for the transportation and installation of offshore facilities for pipeline replacement tie-in project.
The scope of work consists of subsea tie-in of spools to be executed at Bunga Orkid Development located at Northern field of PM3 Commercial Arrangement Area, North-East of Peninsular Malaysia, bordering Vietnam and Thailand.
The contract from Respol is for a period of one month.
At the same time, SapuraKencana said SKTLO has also been awarded a contract by MISC Offshore Floating Terminals (L) Ltd (MISC) for the provision for demobilisation of floating storage and offloading (FSO) ABU Project.
The O&G company said the scope of work for the project consists of a base scope for demobilisation and offloading of an FSO which is located approximately 320km offshore of Kertih, Terengganu, Malaysia in the ABU cluster field at Block PM-318 and optional scope for the towing of the FSO and installation of FSO temporary mooring arrangement at the lay-up area.
It observed that the contract from MISC is for a period of approximately five months.
SKTLO has also been awarded a contract by PTSC Offshore Services Joint Stock Company for the offshore installation of LQ jacket, piles and appurtenances (base scope) and module 1 (PTSC) contract.
The work location is at Su Tu Trang Field within the Vietnamese water. The PTSC contract is for a period of approximately three months.
SKTLO has been awarded a contract by Petronas Carigali Sdn Bhd (Petronas Carigali) for the provision of transportation and installation of pipeline, substructure and topside for F12 gas development project.
The work will be executed approximately 180km offshore of North West of Bintulu, Sarawak.
The contract is for a period of about eight months.
Furthermore, the O&G company said SKTLO has been awarded a contract by ExxonMobil Exploration and Production Malaysia Inc. (EMEPMI) for the provision of transportation and installation of offshore facilities for Guntong pipelay project.
It observed that the scope of work consists of transportation and installation of one new pipeline from Tapis Q to Guntong C.
SapuraKencana said the EMEPMI contract will commence after the seasonal monsoon of around March 2017 and is expected to end in May 2017.

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