SapuraKencana bags RM889m contracts


SapuraKencana's pipelay support vessel Sapura Onix at the IHC shipyard in 2015.

KUALA LUMPUR: SapuraKencana Petroleum Bhd's units have secured contracts totalling US$215mil or RM889mil for pipelines, provision of a drilling rig and maintenance services.

The oil and gas services heavyweight said on Friday a consortium of SapuraKencana TL Offshore Sdn Bhd and SapuraKencana HL Sdn Bhd was awarded a contract by Oil and Natural Gas Corporation Ltd (ONGC) for the B127 cluster pipeline RTR project.

The 20-month contract covers building 11 pipeline systems and topside modifications in B127 and surrounding Mumbai High fields located off the west coast of India.

As for the second contract, SapuraKencana Drilling Asia Ltd was awarded a contract by Brunei Shell Petroleum Sdn Bhd to provide its tender assist drilling rig “SKD Pelaut”.

Under the arrangement, Brunei Shell Petroleum will continue to use SKD Pelaut as a bespoke technical solution for its development drilling plan offshore Brunei. The contract is for two years with options to extend for another two years.

As for the third contract, SapuraKencana Subsea Services Sdn Bhd bagged a two-month contract from Petronas Carigali Sdn Bhd to provide underwater maintenance services for Sepat MOPU.

The scope of work consists of inspection, maintenance, repairs, drilling support and other work for Petronas Carigali’s underwater facilities in the water shore and offshore Peninsular Malaysia at the Sepat MOPU Field.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The power of AI�
Leaving the dollar a thorny issue
Raising the bar for Bursa�
Value for your ringgit
Ringgit to trade around RM4.07-4.08 with upside bias next week, supported by stronger 2Q GDP
Sime Darby Property tops off RM299mil Kanopi Residences at Elmina City Centre
Eco homes vs changing climate
NHP 2026–2035: Bold vision requires BTS
Fads in condo facilities: What’s fading?
Distorted valuation methods hide true value

Others Also Read