PBJV Receives LOA from Petronas Carigali for Work Offshore Malaysia

Barakah Offshore Petroleum Berhad reported Friday that its wholly-owned subsidiary firm PBJV Group Sdn Bhd has received a Letter of Award from Petronas Carigali Sdn Bhd (PCSB) to provide engineering, procurement, fabrication, installation, commissioning and maintenance works of pig trap system offshore Malaysia.

Under the three-year deal, which runs from Jan. 23 to Jan. 22, 2018 with a contract extension option of one year to Jan. 22, 2019, PBJV will carry out work on the pig trap system in Peninsular Malaysia, Sabah and Sarawak.

PBJV indicated in a filing Friday with local stock exchange Bursa Malaysia that the pig trap system is "essentially a facility to launch and receive pipe inspection gauges (PIG), which are used to run through internal section of pipelines from one end to the other end for inspection and maintenance of pipelines."

Barakah Offshore revealed that total contract value will depend on the actual work orders to be issued by PCSB from time to time during the contractual period.



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
Wireline Field Operator
Expertise: Wireline
Location: Clay City, IL
 
Wireline Field Operator
Expertise: Wireline
Location: Youngstown, OH
 
FLOW BACK AND WELL TESTING OPERATOR - TEXAS
Expertise: Well Servicing & Testing
Location: Texas, United States, 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