INSIGHTS
Scomi Energy Services Bhd (SESB) has won two contracts worth RM90 million ($27.5 million) from Petronas Carigali Myanmar Inc (PCMI) and Petronas Carigali (Hong Kong) Ltd (PCML) in Myanmar. SESB said the 3-year contract awards, with work commencing last year is for the provision of drilling fluids, solid control, wel
Scomi seals 2 deals worth $27.5M in Myanmar
Date: 2014/01/10
Source: Business Times
Scomi Energy Services Bhd (SESB) has won two contracts worth RM90 million ($27.5 million) from Petronas Carigali Myanmar Inc (PCMI) and Petronas Carigali (Hong Kong) Ltd (PCML) in Myanmar.
SESB said the 3-year contract awards, with work commencing last year is for the provision of drilling fluids, solid control, well bore cleanout, drilling waste management equipment, materials and services.
The company commenced work with PCML last month while it expects work with PCMI to begin in July this year, it said.
In a statement, SESB chief executive officer Shah Hakim Zain said the contract wins are a result of intensified efforts to grow the business in Eastern Hemisphere region which is a focus area for SESB.
"We are pleased to work together with Petronas once again in Myanmar. Back in 2004, we provided similar integrated services for its offshore drilling activities," he said.
SESB has been in operations in Myanmar since 2003 and the team has been providing services to major clients such as Petronas, PTTEP International Ltd and Daewoo.