Technip and MMHE confirm their support to PETRONAS for the development of Block SK316
Technip, in a joint venture with Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE)(1), has received confirmation from PETRONAS Carigali for a substantial(2) engineering, procurement, construction, installation and commissioning (EPCIC) contract for the development of two gas fields in Block SK316. Those fields are located approximately 180 kilometers North of Bintulu, Sarawak, at a water depth of 104 meters.
The Technip-MMHE joint venture had earlier participated in the front-end engineering design competition with subsequent rollover to EPCIC execution.
The EPCIC contract includes a central processing platform and a bridge-linked wellhead platform, which will be constructed at MMHE's fabrication yard at Pasir Gudang in Johor, Malaysia, as well as a 75-kilometer pipeline, which will be installed by one of Technip's pipe-laying vessels.
(1) MMHE is a wholly-owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB).
(2) For Technip, a “substantial” offshore contract is ranging from €250 to €500 million (Technip's part of the contract).
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