OceanMight Bags EPC Contract from Talisman Malaysia for Bunga Pakwa Project

Steel fabricator KKB Engineering Berhad's associate company OceanMight Sdn Bhd has received a letter of award from Talisman Malaysia Ltd. for the Bunga Pakma wellhead riser platform located offshore the east coast of Peninsular Malaysia, it said in a filing Thursday with local stock exchange Bursa Malaysia.

OceanMight's workscope covers the engineering, procurement and construction of the wellhead riser platform for the offshore Bunga Pakma field in Block PM-3 CAA, with completion date scheduled for the third quarter of 2017.

KKB did not reveal the contract amount for the Talisman project, but it forms part of a (MYR 87.8 million) deal, which include a purchase order from Sabah Electricity Sdn Bhd for the supply and delivery of steel high tension poles and a supply order from PPES Works-PCSB Joint Venture Proposed Interchange Kipali Project for the fabrication and supply of steel pipes & specials.

Talisman Malaysia is a unit of Spain's Repsol, which completes its acquisition of the former's parent company Talisman Energy in May 2015.



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