SapuraKencana bags $300M in new deals

Malaysian oilfield services company SapuraKencana Petroleum has been awarded contracts with a combined value of approximately $300 million. 

The contracts were awarded to the company’s wholly-owned subsidiaries by Petronas, Hyundai Heavy, Repsol, and Shell.

Underwater services work 

SapuraKencana Subsea Services has been awarded a contract for the provision of underwater services for Petronas Carigali.

The scope of work consists of underwater services together with vessels, air and saturation diving, remotely operated vehicle (ROV) and other related underwater services, including inspection, maintenance and repair to support Petronas’ underwater facilities located at the offshore waters of Peninsular Malaysia.

The contract is for a period of 2 years and the work is to be performed on a call-out basis.

Soil investigation services 

SapuraKencana GeoSciences has been awarded a contract by Petronas Carigali for the provision of soil investigation services. The work location is at both Peninsular Malaysia operation and Sarawak/Sabah operation area.

The contract is for a period of 1 year with an option to extend for a further 1-year period.

Offshore installation work 

SapuraKencana TL Offshore Sdn. Bhd. (SKTLO) has been awarded a contract by Hyundai Heavy Industries for the provision of offshore installation work of BNCPP-B jacket, foundation piles and bridge structure between BNCPP-B to BNG-B. The work location is in East Malaysia and the contract is scheduled to start in 1Q 2017.

Transportation & installation

SKTLO has been awarded a contract by Repsol Oil & Gas Malaysia for the provision of transportation and installation of pipeline, substance and topside for Bunga Pakma Development Project.

The project comprises of transportation and installation of Bunga Pakma, a wellhead riser platform which includes jacket, piles, topside, wet gas pipeline and subsea composite cable. The contract is for a period of 12 months.

Provision of tender assist drilling rig 

SapuraKencana Drilling has been awarded a contract by Brunei Shell Petroleum for the provision of its tender assist drilling rig SKD Alliance. The contract is scheduled to start in April 2018 for a firm period of 5 years with options to extend for an additional 5 years.

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