SapuraKencana Petroleum Berhad’s (“SKPB”) wholly-owned subsidiaries have been awarded contracts with a combined value of approximately USD 97.4 million (approximately [RM 433.6 million], based on USD/MYR exchange rate of USD1: RM4.45).
Details of each of these contracts are as summarised below:
ENGINEERING AND CONSTRUCTION
Award of Umbrella Contract for the Pan Malaysia Transportation and Installation of Offshore Facilities by Petroliam Nasional Berhad (“PETRONAS”)
SapuraKencana TL Offshore Sdn. Bhd. (“SKTLO”) has been awarded an umbrella contract by PETRONAS for the provision of Pan Malaysia Transportation and Installation of Offshore Facilities. The work consists of transportation and installation of platform, structures and pipelines and its associated works.
The contracts are for a duration of one year from 2017-2018.
Award of Provision of Engineering, Decommissioning, Procurement, Construction, Installation and Commissioning for Sepat Mobile Offshore Production Unit Stabilization and Repair Works (Package A) by Petronas Carigali Sdn. Bhd. (“PCSB”)
SKTLO has been awarded a contract by PCSB for the provision of Engineering, Decommissioning, Procurement, Construction, Installation and Commissioning for Sepat Mobile Offshore Production Unit Stabilisation and Repair Works.
The contract is for a duration of approximately five months.
Award of Provision of Procurement, Construction and Commissioning (“PCC”) of Full Well Stream (“FWS”) Air Cooler Module on Central Processing Platform (“CPP”) NC3CP-A by PCSB
SapuraKencana HL Sdn. Bhd. (“SKHL”) has been awarded a contract by PCSB for the provision of procurement, construction and commissioning (“PCC”) of Full Well Stream (“FWS”) Air Cooler Module on CPP.
The contract is for a duration of 33 months.
Award of Provision of Engineering, Preparation, Removal and Disposal (“EPRD”) for Dana and D30 Facilities Decommissioning Project by PCPP Operating Company Sdn. Bhd. (“PCPP”)
SKHL has been awarded a contract by PCPP for the provision of engineering, preparation, removal and disposal (“EPRD”) for Dana and D30 facilities decommissioning project.
The contract is for a duration of approximately nine months.