SK Petro bags five contracts totalling RM264m

KUALA LUMPUR: SapuraKencana Petroleum Bhd's (SK Petro) unit SapuraKencana TL Offshore Sdn Bhd has bagged five oil and gas-related contracts totalling US$65.30mil or RM264mil.  

It said on Thursday the first job was to provide transportation and installation of offshore facilities for the BOC-BOD pipeline replacement tie-in project by Repsol Oil and Gas Malaysia Ltd (formerly known as Talisman Malaysia Ltd).

“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,” it said, adding the Repsol contract was for one month.

The second job was a contract from MISC Offshore Floating Terminals (L) Ltd to demobilise a floating storage and offloading (FSO) located 20km offshore of Kertih, Terengganu, Malaysia in the ABU cluster field at Block PM-318. The contract was for five months.

SK Petro said the third contract was awarded by PTSC Offshore Services Joint Stock Company was to provide offshore installation for the jacket, piles and appurtenances for the Su Tu Trang field in Vietnam. The contract is for three months.

The fourth was by  Petronas Carigali Sdn Bhd to provide transportation and installation of pipeline, substructure and topside for the F12 gas development project. The site would be 180km offshore of north west of Bintulu and the contract is for eight months.

The fifth was a contract by ExxonMobil Exploration and Production Malaysia Inc. to provide transportation and installation of offshore facilites for the Guntong pipelay project. The scope of work consists of transportation and installation of one new pipeline from Tapis Q to Guntong C.

The contract will start around March 2017 and is expected to end in May.