The Star quoted CIMB Research as saying that the contract was one of Petronas’ largest service contracts currently in place.
Petronas released a statement saying that the Pan Malaysia Integrated Hook-Up & Commissioning and Topside Major Maintenance Contract (Pan Malaysia Integrated HUC and TMM Contract) had been awarded to Malaysian companies with prominent names such as Kencana HL Sdn Bhd, Dayang Enterprise Sdn Bhd, Petra Resources Sdn Bhd, on the list as well as others such as PBJV Sdn Bhd, Carimin Engineering Services Sdn Bhd and Sigur Ros Sdn Bhd. The work will begin from this year.
SapuraKencana Petroleum Bhd, unit Kencana HL, picked up two packages worth a combined MYR800m. Petronas said the contract involved the hook-up and commissioning and maintenance services for offshore facilities and included all the necessary services, such as manpower services, marine spread services, and tools and equipment required for the execution of the respective jobs.
The national oil company said six contractors would be providing HUC and TMM services to nine Petronas production sharing contractors, namely, Petronas Carigali Sdn Bhd, Sarawak Shell Bhd & Sabah Shell Petroleum Co Ltd, ExxonMobil Exploration and Production Malaysia Inc, Murphy Sarawak Oil Co Ltd, Hess Oil and Gas Sdn Bhd, Talisman (M) Ltd, Newfield Peninsula Malaysia Inc, and JX Nippon Oil & Gas Exploration (M) Ltd.
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