SAPURAKENCANA PETROLEUM WINS RM461 MILLION MEXICO CONTRACT
Date: 25.07.2016.

Kuala Lumpur, 25 July 2016

SapuraKencana Petroleum Berhad's (“SapuraKencana”) wholly-owned subsidiary company, SapuraKencana Mexicana S.A.P.I. de C.V.  ("SKM"), has been awarded a contract with a value of approximately [USD 113 million] (approximately [RM461 million], based on USD/MYR exchange rate of USD1: RM4.09).

The contract is for the Procurement and Construction of a 36” X 18 KM Sour Gas Pipeline (KMZ – 76) from Platform E – KU – A2 to Platform CA – AJ – 1(J4)  in Ciudad del Carmen, Campeche, Mexico by Pemex Exploración y Producción .

The scope of work comprises transportation and installation of pipelines, crossings, top side modifications and subsea works, including procurement and project management. Works in relation to the contract are scheduled to commence in July 2016 until March 2017.