Kencana Awarded Two Contracts

Kencana Petroleum Berhad announces that its subsidiary, Kencana HL Sdn. Bhd. was recently awarded two fabrication contracts.

Prosafe Production Services Pte Ltd. awarded Kencana a contract worth RM $51 million for process modules and piperacks. The contract includes the design, procurement, fabrication, assembly, erection, testing and pre-commissioning for eight process modules and two piperacks. The units will be part of the Azurite development offshore West Africa and should be complete by the middle of 2008.

Murphy Sarawak Oil Co. Ltd. awarded Kencana the fabrication and related services for offshore substructures worth RM $9 million. To be completed in the first quarter of 2008, the contract includes the fabrication of the substructures for the Merapuh A production platform, which is part of the first phase of SK309/SK311 gas field development offshore Bintulu, Sarawak.