Petronas said the contract covered the domestic upstream oil & gas offshore transportation and installation activities for a period of three years commencing year 2014.
The contract, which was a competitive tender open to both local and international companies, involves the transportation and installation for offshore facilities and includes all the necessary services required for the execution of the scopes such as marine spread services, required tools, specialized equipment and manpower services.
“The total work value under this contract is estimated to be almost RM 10 billion, spread over four packages, and was awarded to three capable local offshore installation contractors (OICs) namely TL Offshore, PBJV and GOM Resources,” it said - The Star
