Asia

Barakah Offshore Petroleum receives LOA from Petronas

Kuala Lumpur: Barakah Offshore Petroleum has announced that its wholly-owned subsidiary PBJV Group has received a letter of award from Petronas to provide engineering, procurement, fabrication, installation, commissioning and maintenance works of pig trap systems offshore Malaysia.

Under the three-year deal, PBJV will carry out work on the pig trap system in Peninsular Malaysia, Sabah and Sarawak.

Total contract value will depend on the actual work orders to be issued by Petronas from time to time during the contractual period. [09/02/15]

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