Malaysia’s petroleum company secures 35 mln USD contract in Vietnam

Malaysia’s company, SapuraKencana Petroleum Bhd, has bagged a 35 million USD contract to provide installation services offshore Vietnam, Malaysia’s The Star online reported.

SapuraKencana said on June 4 that its unit TL Offshore Sdn Bhd was awarded the contract to provide the services for the offshore facilities for the Diamond development project, with PTSC Offshore Services Joint Stock Company of Vietnam .

The contract comprises of installation services for platform and pipeline in the Diamond field, located 18km north of the Ruby field and 155km east of Vung Tau.

According to SapuraKencana, TL Offshore’s scope of work was expected to contribute positively towards the earnings and net assets per share of SapuraKencana Group for the duration of the contract.-VNA