PBJV receives award to repair and maintain Sabah Sarawak Gas Pipeline
Published by Stephanie Roker,
Editor
World dzԹ,
Barakah Offshore Petroleum Berhad stated that its wholly owned subsidiary dzԹ PBJV Group Sdn Bhd (PBJV) dzԹ received a Letter of Award (LoA) from PETRONAS Gas Bhd (PGB). The award is to provide repair and maintenance services for the 312 mile (503 km) Malaysian Sabah Sarawak Gas Pipeline.
The two year contract dzԹ from 1 December 2015 to 30 November 2017 dzԹ will see PBJV inspecting, testing and repairing pipes to maintain pipeline integrity. The company also has the option to extend the contract for an additional year.
In a filing to Bursa Malaysia, Barakah stated: dzԹThe value of the contract will depend on the number of work programmes to be carried out for the duration of the contract based on unit rates specified in the contract. It is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the contract.dzԹ
Edited from various sources by
Sources: , ,
Read the article online at: /project-news/14122015/pbjv-receives-award-to-repair-and-maintain-sabah-sarawak-gas-pipeline/
You might also like
The World dzԹ Podcast
A podcast series for energy professionals featuring short, insightful interviews with experts who can shed light on topics that matter to you and your business. Subscribe on your favourite podcast app to start listening today.
