Scomi Energy wins RM90m Petronas contracts in Myanmar

KUALA LUMPUR (Jan 9, 2014): Scomi Energy Services Bhd (SESB), formerly known as Scomi Marine Bhd, has secured two contracts worth RM90 million from Petronas Carigali Myanmar Inc (PCMI) and Petronas Carigali (Hong Kong) Ltd (PCML) for the provision of drilling fluids, solid control, well bore cleanout, drilling waste management equipment, materials and services.
The contract awards are for a period of three years. SESB expects work to start with PCML in December 2013 while work with PCMI is scheduled to begin in July 2014.
"We are pleased to work together with Petronas once again in Myanmar. Back in 2004, we provided similar integrated services for its offshore drilling activities. We are also excited to be part of Petronas' first onshore block in Myanmar," said SESB CEO Shah Hakim Zain.
The contract wins are a result of intensified efforts to grow the business in Eastern Hemisphere region which is a focus area for SESB. SESB has been in operations in Myanmar since 2003 and the team has been providing services to major clients such as Petronas, PTTEPI and Daewoo.
With this award, SESB's operations continue to grow in Myanmar and push the group's orderbook to RM5.1 billion.