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!
WHAT DO YOU THINK?
Click on the button below to add 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.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you