SapuraKencana Secures $125 mn Drilling, Engineering Contracts

Wholly owned subsidiaries of Malaysia's SapuraKencana Petroleum have been awarded new contracts and contract extensions worth $125 million.

SapuraKencana Drilling Tioman has been awarded a contract by JX Nippon Oil & Gas Exploration (Malaysia) Limited for the provision of semi-submersible tender assist drilling rig, SKD Berani. The contract is for JX Nippon’s development drilling campaign offshore Malaysia which comprises of three firm wells and two option wells if exercised. The contract is expected to commence by July 2016.

SapuraKencana Drilling Jaya Ltd. has accepted an extension to its contract with BP Trinidad & Tobago LLC. for the provision of its semi-submersible tender assist drilling rig, SKD Jaya. BPTT has extended the use of the SKD Jaya for its development drilling campaign offshore Trinidad & Tobago for an additional one well for approximately 45 days and additional work on an existing well for approximately 60 days.

SapuraKencana HL has been awarded a contract by BASF Petronas Chemicals for the procurement, fabrication, construction, installation and pre-commissioning work for the infrastructure and utility upgrading projects. The works involve the provision of supervision, manpower, equipment and materials to carry out the construction, installation and pre-commissioning of three packages; boiler, condensate polishing unit and used fire-fighting water system, complete with common facilities. The contract is for a period of approximately nine months.

Other contracts awarded to SapuraKencan subsidiaries were for the provision of light well intervention and decommissioning work.