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


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

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  What Should Go On Your Electrical Engi... (Jul 25)
 -  AECOM to Lead Permitting for Monkey Is... (Jul 25)
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)

Most Popular Articles

From the Career Center
Jobs that may interest you
Field Operator - Cementation
Expertise: Cementing
Location: Hobbs, NM
Field Operator - Cementation
Expertise: Cementing
Location: Odessa, TX
Field Operator
Expertise: Field Service Tech
Location: Odessa, TX
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours