HHI Bags EPCIC Contract from Hess for North Malay Basin Project
South Korea's Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced Tuesday the receipt of a Letter of Award (LOA) May 27 from Hess Exploration and Production Malaysia B.V. for the provision of engineering, procurement, construction, transportation, installation, hook-up and commissioning (EPCIC) contract for the North Malay Basin Project's Bergading Complex located offshore peninsular Malaysia.
The EPCIC contract covers work on a central processing platform (CPP), a bridge and a wellhead platform.
The Bergading Complex, which sits in water depths of approximately 197 feet (60 meters), is part of the full field development project in North Malay Basin, which Hess operates under a production sharing contract with Petronas.
"The CPP will be constructed at HHI’s offshore yard in Ulsan, South Korea, while the other facilities will be constructed by its appointed fabrication sub-contractor in Malaysia," HHI said in a press release.
Offshore installation of the Bergading facilities is scheduled to take place by the end of 2016.
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