Petronas Carigali Sdn Bhd has awarded a US$280mil (RM863.6mil) contract to Petrofac, the international oil & gas facilities service provider for the development of the Sepat offshore early production system on the east coast of Peninsular Malaysia.
The award followed a competitive tender and first oil is expected before the end of 2011.
Petrofac will undertake the engineering, procurement, construction, installation and commissioning (Epcic) for the full scope of the early production system in a water depth of about 65m.
The Epcic will comprise of a mobile offshore production unit (Mopu), a floating storage and offloading (FSO) facility for the early production of 20,000 barrels of oil per day, and all interconnecting sub-sea pipelines.
Petrofac group chief operating officer Maroun Semaan said: “We are delighted to have been awarded this contract by Petronas, which is our first lump-sum offshore Epcic contract in South-East Asia.
“The award reinforces our commitment to the region and enables the continued growth of our local delivery capability to support our ongoing relationship with Petronas and other regional partners,” he said on the company's website yesterday.
Local partners supporting Petrofac on this project are Kencana HL, which will add all the processing equipment to the Mopu, and Bumi Armada which will supply and install the FSO.
