Malaysia-listed offshore services provider SapuraKencana Petroleum (SapuraKencana) has clinched a development project worth USD273 million in India.
The contract was signed with India-headquartered Oil and Natural Gas Corporation (ONGC) on 27 June for Mumbai High South Redevelopment Phase-III project on a turnkey basis.
“The scope of work includes, but is not limited to: surveys, design, engineering, procurement, fabrication, transport and installation, hook-up, and commissioning of three new Well Head platforms; around 116 km of submarine pipelines; around 7.5 km of submarine cable; modification works on existing platforms, including clamp-on works on two platforms; subsea repair works on three jackets; and D1C pile remedial works,” said SapuraKencana in its filing to Bursa Malaysia.
The project is scheduled for completion in April 2017.
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In May 2015, SapuraKencana won contracts with a combined value of up to MYR969 million (USD269 million) for various projects in India, Indonesia, Mexico, and Vietnam.
In India, SapuraKencana was contracted for the provision of transport and installation services for the gas lift riser replacement project at Panna offshore field, located approximately 95 km offshore northwest of Mumbai by BG Exploration and Production India.
The company’s corporate release dated 11 May stated that the total value of the awards in Vietnam and India is worth around USD73.5 million.