SapuraKencana nabs several offshore deals worth $65M

Malaysia’s SapuraKencana has secured several offshore contracts worth around $65.3 million. The company said on Thursday that contract awards for work in Malaysia and in Vietnam were recently made by several companies to its subsidiary, SapuraKencana TL Offshore.

SapuraKencana has been awarded a contract been awarded a contract by Repsol for the transportation and installation of offshore facilities for Year 2014-2016 – BOC-BOD Pipeline Replacement Tie-In Project.

The scope of work consists of subsea tie-in of spools to be executed at Bunga Orkid Development located at Northern field of PM3 Commercial Arrangement Area, North-East of Peninsular Malaysia, bordering Vietnam and Thailand. The Repsol contract is for a period of approximately 1 month.

Also, the company has secured a contract to provide demobilisation services of floating storage and offloading unit (FSO) at ABU project by MISC Offshore Floating Terminals (L) Limited 

The scope of work consists of a base scope for demobilisation and offloading of an FSO which is located approximately 320km offshore of Kertih, Terengganu, Malaysia in the ABU cluster field at Block PM-318 and optional scope for the towing of the FSO and installation of FSO temporary mooring arrangement at the lay-up area. The MISC Contract is for a period of approximately 5 months.

Also, the company will work for Petronas Carigali Sdn. Bhd. to provide transportation and installation of pipeline, substructure and topside for F12 Gas Development Project, off Sarawak Malaysia.

The work will be executed approximately 180 kilometers offshore of North West of Bintulu, Sarawak, Malaysia. The PETRONAS Carigali Contract is for a period of approximately 8 months.

Furthermore, ExxonMobil has hired SapuraKencana for the provision of transportation and installation of offshore facilities for Guntong Pipelay Project . The scope of work consists of transportation and installation of one new pipeline from Tapis Q to Guntong C. The ExxonMobil contract will start after the seasonal monsoon from around March 2017 and is expected to end in May 2017.

In Vietnam SapuraKencana has been awarded a contract by PTSC for the offshore installation of LQ jacket, piles and appurtenances (base scope) and module 1 (optional scope).

The work location is at Su Tu Trang Field within the Vietnamese water. The PTSC Contract is for a period of approximately 3 months.

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