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Tuesday, 13 December 2011

Leighton Offshore opens engineering business in Malaysia - wins US$10 million Iraq contract

Leighton Offshore has officially launched a new engineering business in Malaysia. DPS Leighton Engineering Sdn Bhd (LE), a fully owned PMC subsidiary of Leighton Offshore, provides engineering and PMC solutions for Leighton’s international EPCIC and LOFS business.

Leighton’s detailed engineering and PMC arm has grown from the former oil and gas engineering consulting business of DPS Bristol (Malaysia) Sdn Bhd, which was acquired by Leighton.

LE will also be providing technical, procurement and management support to DPS Consultant Malaysia Sdn Bhd, which provides oil and gas consultancy services in Malaysia.

Leighton Offshore's CEO, Peter Cox, said: “We are growing our oil and gas business internationally from our headquarters here in Malaysia, and strengthening our engineering and PMC capacity is a core element in our growth strategy”.

Mr Cox also announced that Leighton Engineering has already been awarded its first contract with a value of approximately $US10 million to undertake the detailed engineering of two offshore platforms for the Sealine project for Iraq’s South Oil Company, which is being managed here in Kuala Lumpur by a dedicated Leighton project team.

The Leighton engineering team will also assist with the procurement and follow on engineering for the two platforms.

The Sealine project involves the design, construction and installation of two offshore platforms, a 75km, 48in oil pipeline and a single point mooring system and follows on from the US$800 million ICOEEP project currently being undertaken by Leighton Offshore.

“We have made a business decision to focus our engineering and EPIC capability here in Kuala Lumpur, where there is a wealth of oil and gas experience and a competitive engineering talent base for oil and gas projects, and we are proud to be bringing world class projects, such as the Sealine project to be performed here supporting investment and new jobs in Malaysia,” Mr Cox said.

Leighton also officially opened its new office at G Tower on Jalan Tun Razak in Kuala Lumpur and unveiled its new logo. “The new logo gives us a strong and distinctive look which reflects our heritage and is relevant to the oil and gas industry. Our new offices in G Tower, Malaysia’s first Green building (BCA Gold Greenmark) reflect our commitment to sustainability and our confidence in our strong growth prospects here in Malaysia”, added Mr Cox.