Petrofac Lands EPIC Contract for Petronas' SEPAT

Petronas awarded Petrofac a US $280 million contract for the development of the SEPAT offshore early production system offshore Malaysia. First oil from the development is expected before the end of 2011.

Petrofac will carry out the engineering, procurement, construction, installation and commissioning for the full scope of the early production system in a water depth of 213 feet (65 meters). The EPCIC will compromise of a mobile offshore production unit, a floating storage and offloading facility for the early production of about 20,000 barrels of oil per day, and all interconnecting subsea pipelines. The SEPAT oil discovery is located in Block PM 313.

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