SapuraKencana Secures $117 M in Awards

Malaysia’s SapuraKencana has won contracts and extensions valued at approximately $117 million.

The first is an eight-month contract for the provision of hook up & commissioning works for KNPG-B Phase II, Kinabalu Non Associated Gas (NAG) development project by THHE Fabricators.

Under the contract SapuraKencana will provide supervision, manpower, equipment and marine spread to carry out the hook up and commissioning of a compression system module and high pressure high temperature (HPHT) facilities on the KNPG-B central processing platform.

According to the company, the works are scheduled to start in the first quarter of 2016.

The second is an EPC contract, awarded by Hess Exploration & Production Malaysia, for the subsea isolation valve (SSIV) Systems at Block PM302, North Malay Basin.

Reportedly, the company is to carry out and complete the work for SSIV skids, subsea umbilical and flying lead, hydraulic power unit (HPU), topside umbilical termination unit (TUTU), umbilical termination assembly (UTA) and the supporting details.

The work has already begun and is expected to be wrapped up around Q1 2017.

Additional contract win is for the provision of semi-tender assist drilling rig SKD Esperanza. The contract is for 18 months plus options. Furthermore, contract for the  SKD T20 rig, offshore Côte d’Ivoire, has been extended until June this year, with option to extend the contract by an additional 5 wells and keep the SKD T20 working until Q4 2016.

The contracts are expected to have positive effect on SapuraKencana’s earnings in 2016 and beyond, the company said Thursday.

Subsea World News Staff

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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