Friday 25 July 2008

Kencana unit gets RM48m Murphy Sarawak job

KENCANA Petroleum Bhd’s unit Kencana HL Sdn Bhd has secured a RM48 million contract from Murphy Sarawak Oil Co Ltd.

The contract comprises the provision of mechanical and piping installation works for Bintulu Onshore Receiving Facilities (BORF).

It also forms part of Phase 1 of SK309/SK311 gas field development located offshore Bintulu, Sarawak, said Kencana in a filing to Bursa Malaysia.

The scope of works include project management and construction engineering activities for mechanical equipment installation/erection works including unloading and storage at BORF, electrical and instrumentation equipment installation, plant piping works, tank fabrication and erection, flare structure, onshore export gas and dry gas pipelines and safety system including equipment supply.

The contract is expected to be fully completed by March 15, 2009.

The contract is expected to contribute positively to the earnings of Kencana Petroleum Group for the financial year ending July 31, 2009

Source : Bernama