Barakah Offshore Petroleum Berhad has announced that its wholly-owned subsidiary company, PBJV Group Sdn Bhd, has received the Letter of Award from Sabah Shell Petroleum Co. Ltd (SSPC) for the Provision of Effluent Discharge Pipeline Replacement for Labuan Crude Oil Terminal.
Labuan Crude Oil Terminal (LCOT) is a facility operated by SSPC that receive, dehydrate, store and export crude from fields located offshore Sabah which are operated by SSPC, PETRONAS Carigali and Repsol via two incoming trunk lines.
The Contract involves Engineering, Procurement, Construction, Installation and Commissioning of a new effluent discharge pipeline in LCOT. The transportation and installation shore approach involves the stringing of the new pipeline in the beach area in the vicinity of LCOT. The pipeline will then be towed into the water and buried under the seabed.
The lump-sum Contract having a value of more than RM25 million is effective from October 2016 until the completion of the project. The project is estimated to take approximately 2 years.
Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/14112016/barakah-offshore-petroleum-berhad-receives-sspc-contract/