Provision Of Hook-Up And Commissioning Services For Kebabangan Northern Hub Development Project

abarrelfullabarrelfull wrote on 28 Dec 2012 21:49
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09 August 2012

SapuraKencana Petroleum Berhad ("SapuraKencana" or the "Company") is pleased to announce that its wholly-owned subsidiary company, Kencana HL Sdn Bhd ("Kencana HL") has received a letter of award from Kebabangan Petroleum Operating Company Sdn Bhd ("KPOC") for the provision of hook-up and commissioning services for Kebabangan Northern Hub Development Project (the "Contract").

INFORMATION ON THE CONTRACT

The Contract comprises provision of hook-up and commissioning services for offshore facilities for the Kebabangan oil field located offshore Sabah. The Company estimates that the total value of the Contract is approximately RM106.0 million. The work for the Contract is expected to commence in middle of 2012 and is expected to be completed by middle of 2014.

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