Petrofac Ltd. (PFC.L,POFCY.PK,POFCF.PK) said its Petrofac Facilities Management Asia Pacific Sdn Bhd has been awarded a $220 million contract by PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, the Malaysian national oil company, for the refurbishment of the Bekok-C platform, located in Block PM9 in the south-eastern part of the Malay basin. The project will be executed on an engineering, procurement, construction, installation and commissioning, or EPCIC, alliance basis.
Bekok-C is a manned platform serving as a gas processing and compression hub exporting gas from the Guntong, Tiong and Bekok fields of Block PM9 in addition to production of crude oil and gas from its own wells. As per the terms of the refurbishment project, Petrofac will provide EPCIC services to the platform with the overall project expected to be completed in around 15 months.
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