Tanjung Offshore Bags $61.5M EPIC Contract from Petronas Carigali

Tanjung Offshore Berhad disclosed that its wholly owned subsidiary, Tanjung Offshore Services Sdn Bhd has been awarded an engineering, procurement, installation and commissioning (EPIC) contract Sept. 4 by Malaysia's national oil company Petronas' upstream unit Petronas Carigali Sdn Bhd (PCSB) , the firm said in a filing on local exchange Bursa Malaysia Thursday. 

Under the contract, valued at $61.5 million (MYR 200 million), Tanjung Offshore Services will provide facilities for the ORIGInS Project that covers both Peninsular Malaysia and East Malaysia. The three year contract took effect Sept. 5, with PCSB having the option to extend for an additional year until Sept. 5, 2018.

The ORIGInS Project (Operational Reliability & Integrity Gauging of Instrument based Safeguards) is an initiative from PCSB’s facilities (Peninsular Malaysia Operation, Sarawak Operation and Sabah Operation) to improve all automated safeguard items under the process shutdown system and fire & gas detection systems across PCSB’s upstream facilities, whether pneumatic, hydraulic of electronic-based by identifying potential deficiencies in these automated safeguards.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

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
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  CNOOC Commences Production from Enping... (Jan 18)
 -  Statoil Granted Drilling Permit for We... (Jan 18)
 -  Gazprom Chairman, Moldova President Di... (Jan 18)
 -  Eni: Oil, Gas Discovery in Norwegian S... (Jan 17)
 -  Tullow Finds Oil in Kenyan Erut-1 Well (Jan 17)


Most Popular Articles

From the Career Center
Jobs that may interest you
Project Procurement & Contracts Advisor (Subsea Equipment)
Expertise: Contracts Engineer|Purchasing|Subsea Engineering
Location: Houston, TX
 
Senior Water Engineer
Expertise: Civil Engineering
Location: Dallas, TX
 
Sr. Electronics Engineer
Expertise: Electrical Engineering|Engineering Manager
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.47/BBL 0.69%
Light Crude Oil : $52.48/BBL 0.30%
Natural Gas : $3.41/MMBtu 0.29%
Updated in last 24 hours