Thursday 28 Mar 2024
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This article first appeared in The Edge Financial Daily on April 2, 2019

KUALA LUMPUR: Alam Maritim Resources Bhd has bagged a US$59 million (RM240 million) contract to procure, construct and install a pipeline system.

The contract is for the Tembikai Non Associated Gas (TNAG) development by Vestigo Petroleum Sdn Bhd, a wholly-owned subsidiary of Petronas Carigali Sdn Bhd.

“The TNAG pipeline system will be installed from the new TNAG unmanned well head platform via a 60km, 12-inch pipeline and fibre optic control cable.

“The rigid pipeline will be the first offshore Malaysia installed using mechanical connectors, specifically the NOV Tuboscope Zap-Lok connection, and tied to existing processing facilities on the Berantai FPSO (floating production storage and offloading) and the well head platform with flexible risers connected to the rigid pipeline with diverless connections,” Alam Maritim said in a filing with Bursa Malaysia.

The contract’s duration is from March 5 until the work’s completion, expected to be in the fourth quarter of this year.

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