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  • Petronas Awards $3 Billion Offshore Installation Contract

    Petronas announced that it has awarded the Pan Malaysia Integrated Offshore Installation Contract to three local contractors – TL Offshore, PBJV and GOM Resources. The three-year contract commences in 2014. The total work value under this contract is estimated to be almost MYR 10 billion (US$3 billion),...

    Petronas Awards $3 Billion Offshore Installation Contract
    Headlines, Others

    Petronas announced that it has awarded the Pan Malaysia Integrated Offshore Installation Contract to three local contractors – TL Offshore, PBJV and GOM Resources. The three-year contract commences in 2014. The total work value under this contract is estimated to be almost MYR 10 billion (US$3 billion), spread over four packages.

    The contract involves the transportation and installation (T&I) for offshore facilities, and includes all the necessary services required for the execution of the same. T&I services will be provided for eleven production sharing contractors, namely Petronas, Shell, ExxonMobil, Murphy Oil, Hess, Talisman, PCPP Operating Company, Kebabangan Petroleum Operating Company, Lundin, Petrofac and JX Nippon.

    View Petronas press release

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