Barakah Offshore Gets Contract from Petronas
By Aiswarya Lakshmi
Thursday, August 13, 2015
Barakah Offshore Petroleum’s subsidiary, PBJV Group Sdn Bhd (PBJV), has received a Letter of Award from Malaysian oil company Petronas Carigali Sdn Bhd, for the supply, refurbishment and maintenance of cleaning pig and associated services in Sabah and Sarawak, Malaysia.
In a filing with Bursa Malaysia, Barakah said its wholly-owned subsidiary PBJV has received a letter of award from Petronas Carigali for the proposed job.
"The total value of the contract will depend on the actual work orders to be issued by Petronas Carigali from time to time during the contract period. Barakah management estimates that the value of the contract to be about RM20 million to RM30 million, based on the current estimated work programme," said Barakah.
The work scope covers the procurement and supply of pipeline inspection gauges (pigs), procurement of refurbishment kits, refurbishment of pigs, training and ad hoc services related to pigging operations. The scope is part of Petronas’ yearly Operational Pigging Programme (OPP).
OPP is an essential element in the maintenance of pipeline system in order to maximize production flow by maintaining internal bore, mitigate internal corrosions and also maximize the design life of the pipeline.