Kencana Snags Contract for West Belumut Wellhead Platform

Newfield's Malaysian Assets
(Click to Enlarge)

The Board of Directors of Kencana Petroleum announced that its wholly owned subsidiary, Kencana HL Sdn. Bhd. has been awarded with a contract from Newfield Peninsula Malaysia Inc., a company based in Houston, USA, for the provision for procurement and construction of offshore wellhead platform.

The Contract comprises the fabrication and procurement of jacket and topside for West Belumut Wellhead Platform. The West Belumut oilfield is located offshore Peninsular Malaysia. The Contract value is estimated at approximately RM46 million. The Contract is a one-off construction contract and is expected to be delivered in stages within the first quarter of 2010.

The Contract is expected to contribute positively to the earnings of Kencana Petroleum Group for the financial year ending July 31, 2010.



Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Completions Supervisor
Expertise: Drilling Foreman / Drilling Supervisor|Production Engineering|Workover or Completion
Location: Watkins, CO
Manufacturing Production Technician I
Expertise: Fabrication|Mechanic|Welding
Location: Carencro
Wellhead Design Engineer
Expertise: Design Engineer
Location: Houston, TX
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours