Enra inks $48M Petronas deal for Myanmar project
Malaysia’s Enra Group has secured a contract with Petronas to provide condensates storing, offloading facilities and services in Myanmar.
The company will, through its subsidiary ENRA SPM, lease a single point mooring system and storage tanker Petronas.
The facilities will provide condensate storing and offloading services for the Yetagun offshore gas field operated by Petronas’ subsidiary PCML in the Andaman Sea off the coast of Myanmar.
The award is for a 4-year primary period with a total value of approximately $48 million. The leasing period is estimated to start upon the facilities being commissioned and delivered to PCML.