KUALA LUMPUR: The keel laying of T7 Global Bhd’s Bayan mobile offshore production unit (MOPU) – which will be installed offshore Sarawak – got underway at a shipyard in Qingdao, China.
T7 Global said on Thursday the MOPU, when completed in 2022, would be for the Bayan Redevelopment Project Gas Phase 2.
Petronas Carigali Sdn Bhd is the contract owner of the MOPU for Bayan Redevelopment Project Gas Phase 2.
T7 Global’s unit Tanjung Offshore Services Sdn Bhd is responsible for the engineering, procurement, construction, installation and commissioning as well as the operation and maintenance and decommissioning of the Bayan MOPU project.
T7 Global chairman Datuk Seri Dr Nik Norzrul Thani N. Hassan Thani said the keel laying ceremony on Thursday marked one of the significant milestones of the construction phase of the 10,000-tonne MOPU.
“We are pleased to note our progress in executing this project as it substantiates our decision to expand into the offshore mobile production facility market,” he said.
He added the successful completion of this project would also boost T7 Global’s efforts and raise its profile in the energy sector.
“We are positive that all our efforts and initiatives that have been set in place would lead to more opportunities for the group to secure new contracts of similar nature on a global scale.
“We anticipate our foray into this market to be a significant contributor to T7 Global’s earnings in time to come,” he said.
The Bayan MOPU, a newbuild in Malaysian waters, has a gas processing capacity of up to 120 million standard cubic feet per day. It will enable Petronas Carigali to boost its gas production from the Bayan field.
T7 Global had in January 2021 secured a 10-year contract from Petronas Carigali for the leasing, operation and maintenance of a MOPU for Phase 2 of the Bayan gas redevelopment project.