SapuraCreast Petroleum secured a US$31.5 million contract from Petroliam Nasional Bhd’s subsidiary to install offshore facilities in the Andaman Sea.
SapuraCrest said on Wednesday, Jan 26 its unit TL Offshore Sdn Bhd had received a letter of award from Petronas subsidiary PC Myanmar (Hong Kong) Ltd for the transportation and installation of offshore facilities for the Yetagun Phase 4 development.
“The offshore works are expected to commence between October to November 2011 and run for a duration of 40 days,” it said, adding the value of the works was about US$31.5 million.
