SapuraAcergy Secures USD 100 Million Subsea Construction Contract Offshore Vietnam

SapuraAcergy Sdn Bhd, a Kuala Lumpur based engineering and construction contractor for the regional offshore oil & gas industry has been awarded a contract for a subsea construction project, offshore Vietnam.

The scope of work requires the installation of: 28km of 12” diameter pipeline, a 28km umbilical, PLETs and SSIV Structures, spools and pre-commissioning. The value of the contract awarded is approximately $100 million, with the offshore work expected to be performed in mid 2012.

SASB is a joint venture company equally owned by SapuraCrest Petroleum Berhad and Subsea 7 S.A.

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Offshore Energy Today Staff, January 10, 2012