Malaysian Barakah's Subsidiary PBJV Receives LOA from Shell

Malaysia's Barakah Offshore Petroleum Berhad reported Monday that its wholly-owned subsidiary company, PBJV Group Sdn Bhd has received a Letter of Award (LOA) from Sarawak Shell Berhad/Sabah Shell Petroleum Co. Ltd. for the supply of operational pigs and pigging accessories as well as related equipment and services.

"The LOA is for a price agreement to be entered for the supply of operational pipeline inspection gauges (pig) and its related accessories, equipment and services," Barakah Offshore said in a filing with local stock exchange Bursa Malaysia.

Prior to the signing of the price agreement, the LOA shall constitute the agreement between Shell and PBJV.

Barakah Offshore added that the pigging operation will be carried out offshore Sabah and Sarawak mainly for the operational maintenance of oil and gas pipelines.

The contract is three years from April 15 to April 14, 2018, with Shell holding an option to extend for further one year until April 14, 2019.

Have a news tip? Share it with Rigzone!


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
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
HR Advisor
Expertise: Cementing|HR - General
Location: Mt Braddock, PA
HR Advisor
Expertise: HR - General|Well Control
Location: Punxsutawney, PA
United States Elmendorf: Entry Level Operator Assistant I - Frac/Acid
Expertise: Field Service Tech
Location: Elmendorf, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours