Barakah unit wins pan-Malaysia MCM contract

by TMR

Barakah Offshore Petroleum Bhd’s wholly-owned subsidiary, PBJV Group Sdn Bhd, has been awarded a contract from Sapura Exploration and Production (PM) Inc to provide pan-Malaysia maintenance, construction and modification (MCM) contractor services from 2018 to 2023 under Package A (West Malaysia).
In an exchange filing yesterday, Barakah noted the scope of the contract will generally include maintenance, construction and modification work for structures and facilities for the client’s oil and gas fields offshore Peninsular Malaysia.
The total value of the contract is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the duration of the contract, which is for up to five years effective from July 11, 2018.