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SapuraKencana subsidiaries win orders worth $300M in Malaysia

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Oilfield services company SapuraKencana Petroleum has announced that its wholly-owned subsidiaries secured contracts worth about $300M in Malaysia [Kuala Lumpur pictured]. SapuraKencana Subsea Services won a contract for the provision of underwater services for Petronas Carigali (PCSB).

The two-year contract will involve underwater services along with vessels, air and saturation diving, remotely operated vehicle (ROV) and other related services, such as inspection, maintenance and repair to support PCSBโ€™s underwater facilities at the offshore waters of Peninsular Malaysia.

SapuraKencana GeoSciences secured a contract from PCSB to provide soil investigation services at the Peninsular Malaysia operation and Sarawak / Sabah operation area. The contract has a one-year term, with an option to extend it for a further one year.

SapuraKencana TL Offshore (SKTLO) won a contract from Hyundai Heavy Industries for offshore installation work of BNCPP-B jacket, foundation piles, and bridge structure between BNCPP-B to BNG-B in East Malaysia. The contract is expected to start in the first quarter of 2017.

SKTLO secured another 12-month contract from Repsol Oil & Gas Malaysia for the transportation and installation of pipeline, substructure and topside for Bunga Pakma Development Project.

The project will also involve the transportation and installation of Bunga Pakma, a well-head riser platform comprising jacket, piles, topside, wet gas pipeline and subsea composite cable.

Additionally, SapuraKencana Drilling won a contract from BSP for the provision of its Tender Assist Drilling Rig SKD Alliance. The five-year contract is expected to begin in April 2018, with an option to extend it by another five years.

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