SapuraKencana wins four contracts worth RM433.6m

PETALING JAYA: SapuraKencana Petroleum Bhd has been awarded four contracts with a combined value of about US$97.4 million (RM433.6 million).
In a filing with the stock exchange, the company said the deals include the umbrella contract for the Pan Malaysia Transportation and Installation of Offshore Facilities by Petroliam Nasional Bhd (Petronas).
The contract, which runs from 2017 to 2018, consists of transport and installation of platform, structures and pipelines and associated works.
Besides that, SapuraKencana clinched a five-month contract from Petronas Carigali for stabilisation and repair works on the Sepat mobile offshore production unit .
The third contract, also from Petronas Carigali, is for a full-well stream air cooler module on Central Processing Platform NC3CP-A. The contract is for 33 months.
SapuraKencana was also awarded a nine-month contract by PCPP Operating Co Sdn Bhd for the decommissioning of facilities at the Dana and D30 fields, offshore Sarawak.