SapuraKencana, Subsea 7 Share the Prize
SapuraAcergy, a joint venture company equally owned by SapuraKencana and Subsea 7 has been awarded a contract from Total E&P Myanmar.
The contract award is for the Engineering, Procurement, Construction and Installation of the Wellhead Platform 4 and Lower Compression Platform, Pipelines and Cable (EPCI2).
Contract works for the EPCI2, which is located in Yadana Field, offshore Myanmar, are expected to be completed by the fourth quarter of 2016.
The contract is valued between $120 million and $130 million.
In addition, SapuraAcergy has entered into a sub-contract with Heerema Marine Contractors Australia.
The sub-contract is for the provision of buoyancy tanks removal and disposal for the Chevron Wheatstone project which is located in Wheatstone field, Western Australia.
The sub-contract is valued at approximately $18 million.
