22 May 2012
Petrofac Awarded US$220 million Refurbishment Project in Malaysia
Petrofac Facilities Management Asia Pacific Sdn Bhd (Petrofac), part of the Petrofac Group, has been awarded a US$220 million contract by PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, the Malaysian National Oil Company, for the refurbishment of the Bekok-C platform, located in Block PM9 in the south-eastern part of the Malay basin. The project will be executed on an engineering, procurement, construction, installation and commissioning (EPCIC) alliance basis and is valued at US$220 million.
Bekok-C is a manned platform serving as a gas processing and compression hub exporting gas from the Guntong, Tiong and Bekok fields of Block PM9 in addition to production of crude oil and gas from its own wells. Under the terms of the refurbishment project Petrofac will provide EPCIC services to the platform with the overall project expected to be completed in around 15 months.
Marwan Chedid, chief executive of Petrofac's Engineering, Construction, Operations & Maintenance (ECOM) division, commented: “I’m delighted that Petrofac has been charged with refurbishing the Bekok-C platform, which adds to the portfolio of important projects that we are delivering for PETRONAS Carigali Sdn Bhd in Malaysia. This project also represents a considerable step forward for Petrofac as we develop our leading EPC capability offshore through our Offshore Projects & Operations business. We have been working closely with PETRONAS Carigali Sdn Bhd since 2004 and will continue to use the full extent of our broad services capability to support their development of Malaysia’s oil & gas industry.”