SapuraKencana Petroleum Bhd said the contracts are for the integrated transportation and installation of offshore oil and gas (O&G) facilities from 2014 to 2016 with an optional extension of one year.
Petroliam Nasional Bhd (PETRONAS) has awarded a major 13-package, five-year offshore hook-up, commissioning and maintenance services contract with a total work value of about RM10 billion to six local service providers.
SapuraKencana Petroleum Bhd maintain signed a RM700 million contract with Petronas Carigali Sdn Bhd requiring the provision of underwater services, including inspection, repair and maintenance services utilising specialised vessels, equipment and personnel covering Carigali's offshore oil and gas fields in Malaysia.
SapuraKencana has announced that PETRONAS has exercised its option to extend the contract, originally signed in December 2009, for the transportation and installation of offshore oil and gas facilities, for one year (2013).