IEV Malaysia Secures Major Supply and Installation Contract

IEV Malaysia Secures Major Supply and Installation Contract

IEV Holdings Limited  announced that, on 13 December 2011, its 30% associate, IEV (Malaysia) Sdn. Bhd., has been awarded a major supply and installation contract from an established and major oil and gas operator in South East Asia .

The scope of work of this turnkey project includes the engineering, fabrication, delivery, hook-up and commissioning of a wellhead platform, procurement and installation of a new pipeline and host tie-in to existing offshore production facilities.

The Contract consists of several packages with an estimated combined value of RM262 million (82.36 million U.S. dollars). The project is scheduled to commence in December 2011 and expected to be completed by end of 2012.

The Group will be executing this project in a strategic alliance partnership with an engineering company from the USA, who is a specialist in the field of platform re-use in the Gulf of Mexico. In addition, the project will be managed by a joint project management team and local subcontractors will be mobilized for the installation, hook-up and commissioning, and host tie-in activities. IEV will be deploying the Group’s engineering capabilities from its Decommissioning Solutions (“DS”) as well as Jacket and Pipeline Installation Solutions (“JPIS”) for the execution of the project in conjunction with its strategic alliance partner.

Offshore Energy Today Staff, December 19, 2011; Image: IEV Holdings Limited

 

Share this article

Follow Offshore Energy Today

Events>

<< Jan 2020 >>
MTWTFSS
30 31 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

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

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