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PETRONAS today has awarded the Engineering, Procurement, Construction, Installation and Commissioning (EPCIP) contract for the development of two gas fields in Block SK316 to Technip-MMHE joint venture.
The EPCIC contract for Block SK316 underwent a bidding exercise in which three companies submitted their bids. They are namely, Berlian McDemott Sdn Bhd; SAIPEM (M) Sdn Bhd; and Technip-MMHE joint venture; via a Front End Engineering Design (FEED) competition with subsequent rollover to EPCIC execution.
Based on this process, the most competitive bidder has been identified as Technip-MMHE joint venture.
Block SK316 is located approximately 180km North of Bintulu, Sarawak.
