SapuraKencana lands US$65 million in series of contracts

SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary, SapuraKencana TL Offshore (SKTLO).

Repsol Oil and Gas Malaysia

SKTLO has been awarded a one-month contract by Repsol Oil and Gas Malaysia Ltd. (formerly known as Talisman Malaysia) for the transportation and installation of offshore facilities for year 2014-2016 – BOC-BOD 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. 

MISC Offshore

SKTLO has been awarded a five-month contract by MISC Offshore Floating Terminals for the provision for demobilization of the floating storage and offloading (FSO) ABU Project.

The scope of work consists of a base scope for demobilization 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.

PTSC Offshore Services Joint Stock Co.

SKTLO has been awarded a contract by PTSC Offshore Services Joint Stock Co. for the offshore installation of LQ jacket, piles and appurtenances (base scope) and module 1 (optional scope).

The work location is at Su Tu Trang Field within the Vietnamese waters. The PTSC contract is for a period of approximately three months.

PETRONAS

SKTLO has been awarded a contract by PETRONAS Carigali Sdn. Bhd. 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, Malaysia. The PETRONAS Carigali Contract is for a period of approximately eight months.

ExxonMobil

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. The scope of work consists of transportation and installation of one new pipeline from Tapis Q to Guntong C.

The EMEPMI Contract will commence after the seasonal monsoon from around March 2017 and is expected to end in May 2017.

Image from SapuraKencana.

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