Sapura Energy, jointly in a consortium with Afcons Infrastructure, the flagship Engineering Procurement Construction infrastructure arm of the Shapoorji Pallonji Group, has been awarded with a contract for the Offshore Process Platform (Central Processing Platform & Living Quarters) Project for development of the KG-DWN-98/2 NELP Block from Oil and Natural Gas Corp (ONGC) with a value of approx. Malaysian Ringgit Three Billion (MYR3,000,000,000).
Sapura Fabrication's share in the consortium is 48.3%, which will translate to approx. USD352,901,412. The contract value is inclusive of all associated costs including insurance and the local GST.
The Contract scope of work shall include Surveys (pre-engineering, post construction/pre- installation and post installation), Design, Engineering, Procurement, Fabrication, Load Out, Tie Down/Sea Fastening Tow-out/Sail Out, Transportation, Installation, Hook-Up, Testing, Pre-Commissioning and Commissioning of the entire facilities for KW-DWN-98/2 Project Development Offshore Platform (Central Processing Platform & Living Quarters).
The works are expected to be completed by January 2021.
Source: Sapura Energy