Petronas hands out fresh deals to five contractors
- Business & Finance
Malaysian Petronas Carigali has awarded contracts for the provision of maintenance, construction and modification services (MCM) at its offshore facilities in Peninsular Malaysia, Sabah and Sarawak to five local contractors.
Carimin Engineering Services, Dayang Enterprise, Deleum Primera, Petra Resources, Sapura Fabrication and its joint venture partner Borneo Seaoffshore Engineering were selected for the five-year contract with an option to extend an additional year which took effect in September last year, Petronas said on Tuesday.
Under the terms of the contract, the engineering and maintenance services will include topside major maintenance (TMM) and facilities improvement projects (FIP).
Petronas Vice President of Malaysia Assets & Chief Executive Officer of Petronas Carigali, Mohd Jukris Abdul Wahab, said new requirements were introduced to encourage collaboration across the industry supply chain.
“These contracts encompass requirements such as the utilization of marine vessels from Malaysia-owned companies only and the mandatory participation of 20 per cent local state service providers to spur value-added services that ensures growth in Malaysia’s oil and gas upstream services industry,” said Jukris.