SapuraKencana Petroleum Wins Oil Services Contract from Petronas, Hess

Malaysia's SapuraKencana Petroleum said in a statement sent to Rigzone Friday that it has won two offshore services contracts worth a total of $274 million (MYR835.8 million).

The first contract is awarded by state-owned Petronas to Allied Marine & Equipment, a wholly-owned subsidiary of SapuraKencana Petroleum, for underwater services in the offshore oil and gas fields owned by Petronas Carigali. The agreement – worth $229 million (MYR700 million) – covers inspection, repair and maintenance services utilizing specialized vessels, equipment and personnel.

The agreement inked by AME is effective from October 2012 until April 2016, with a one-year extension option.

The second contract is awarded by Hess Exploration and Production Malaysia to Kencana HL – also a wholly-owned subsidiary of SapuraKencana Petroleum – for the commissioning of the Kamelia-A wellhead platform sited in the offshore Kamelia field, which lies in the North Malay Basin.

The award by Hess is an engineering, procurement, construction and commissioning contract with work expected to be completed by 1Q 2013.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Field Service Engineer
Expertise: Coil Tubing|Mechanical Engineering
Location: Anaheim, CA
Piping Drafting / Designer
Expertise: CAD / CAM|Design Engineer|Drafting
Location: Canonsburg, PA
Senior Flarestack Operator
Expertise: Pipeline Operator|Pipeline Services|Well Servicing & Testing
Location: Pennsylvania, PA
search for more jobs

Brent Crude Oil : $56.43/BBL 0.40%
Light Crude Oil : $50.55/BBL 0.27%
Natural Gas : $2.95/MMBtu 5.44%
Updated in last 24 hours