SapuraKencana clinches $270M in new offshore contracts
- Business & Finance
Malaysian oilfield services provider SapuraKencana has won several international contracts worth $269 million in total.
In Mexico, SapuraKencana will install structures and superstructures of fixed marine platforms, carry out pipelaying and lifting of major power generation equipment for Pemex. The company will use the DP3 heavy-lift and pipelay vessel SapuraKencana 3500, in the Bay of Campeche, Gulf of Mexico. This award marks the initiation of SapuraKencana’s local operations in Mexico, the company has said. The value of the award is between $41.2 million and $98.1 million.
Elsewhere, in Indonesia, SapuraKencana TL Offshore in consortium with PT Encona Inti Industri of Indonesia, has been awarded with the contract for the work on offshore and onshore pipeline installation related to the construction of Kalija 1 Natural Gas Transmission Pipeline of Kepodang – Tambak Lorok Segment by PT PGAS Solution.
The scope of work includes the transportation and installation of 14” x 200km of gas pipeline from Kepodang field offshore to Onshore Receiving Facility. The work will be performed in the Muriah PSC, Central Java, Indonesia. The total value of the award to the Consortium is a lump sum fee of $97.5 million.
Four contracts in Vietnam and India
In Vietnam and India SapuraKencana TL Offshore has won four contracts in total. The company will provide services for the Installation of Nearshore and Offshore Pipeline for Thai Binh – Ham Rong Gas Distribution & Gathering System Project, Phase 1 located in Block 102-106, Offshore Thai Binh Province, North of Vietnam by PTSC Offshore Services Joint Stock Company.
Furthermore, the company has been awarded a contract for the provision of services for the Installation of the H5-WHP Topside and Pipelines for Te Giac Trang Field Development Project located in Block 16-1, offshore Vietnam S.R. by PTSC Offshore Services Joint Stock Company.
It has also won a contract for the provision of services for the installation of Offshore Facilities for Thai Binh Development Project Blocks 102 & 106, Offshore Vietnam by PTSC Offshore Services Joint Stock Company.
Also, in India, BG Group has hired SapuraKencana TL Offshore for transport and installation services for the PB Gas Lift Riser Replacement project at Panna Offshore Field, located approximately 95 kilometers offshore north-west of Mumbai, India.
The total value of the awards in Vietnam and India is $73.5 million.