Thursday 2 March 2017

Malaysian contractor SapuraKencana Petroleum has landed a series of contracts worth nearly $100 million, with compatriot state player Petronas among the clients.

The company has scooped an umbrella contract from Petronas covering the installation of platforms, structures and pipelines in Malaysian waters. That contract starts this year and lasts one year.

Petronas Carigali has handed SapuraKencana an engineering, decommissioning, procurement, construction, installation and commissioning project for the Sepat mobile offshore production unit, involving stabilisation and repair works. Sepat is in Block PM 313 off Peninsular Malaysia. The contract has a five-month diration.

It has also been awarded an engineering, preparation, removal and disposal contract for the facilities on the Dana and D30 shallow-water oil and gas fields off Sarawak, which are being decommissioned by PCPP Operating. That contract will last nine months. PCPP is made up of the state companies of Malaysia (Petronas), Indonesia (Pertamina) and Vietnam (Petrovietnam).

The longest contract runs for 33 months and involves the provision of procurement, construction and commissioning work on the full well stream air cooler module on the NC3CP-A central processing platform for Petronas Carigali.

SaupraKencana did not provide a breakdown of the contract values for each deal, but the total contract value is 433.6 million ringgit ($97.48 million).