Hess hires anchor handler for Malaysian drilling operations

Malaysia’s Marine & General has been awarded a contract by Hess Exploration and Production Malaysia for the provision of one anchor handling tug supply vessel to support the oil company’s Malaysian drilling operations.

Photo by mkjr_ on Unsplash

The contract was awarded to Marine & General’s subsidiary, Jasa Merin, the company said in a Bursa Malaysia filing on Friday.

The contract, which started on July 11, 2019, is for a primary duration of twelve months, with an option for Hess to extend for an additional six months.

The contract and option are estimated to have a value of approximately RM 12.9 million ($3.1M) for the primary term and an additional RM 6.5 million ($1.5M) for the optional extended term.

In Malaysia, Hess is the operator of the North Malay Basin Block PM302 with a 50% interest and Petronas is its partner with the other 50% interest,

It is located approximately 186 miles (300 km) offshore the Trengganu Gas Terminal in the Gulf of Thailand, with a water depth of approximately 180 feet (55 m) and multiple gas bearing zones located at depths of 3,500 – 10,000 feet (1,000 – 3,000 m).

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply