PETRONAS has awarded the Engineering, Procurement, Construction, Installation and Commissioning (EPCIP) contract for the development of two gas fields in Block SK316 to Technip-MMHE joint venture.

The EPCIC contract for Block SK316 underwent a bidding exercise in which three companies submitted their bids. They are namely, Berlian McDemott Sdn Bhd; SAIPEM (M) Sdn Bhd; and Technip-MMHE joint venture; via a Front End Engineering Design (FEED) competition with subsequent rollover to EPCIC execution.

Based on this process, the most competitive bidder has been identified as Technip-MMHE joint venture.

Block SK316 is located approximately 180km North of Bintulu, Sarawak.

About Petronas
PETRONAS was incorporated on 17 August 1974 as the national oil company of Malaysia, vested with the entire ownership and control of the petroleum resources in the country. It has since grown from merely being the manager and regulator of Malaysia’s upstream sector into a fully integrated oil and gas corporation, ranked among the FORTUNE Global 500® largest corporations in the world.

About Technip
Technip is a world leader in project management, engineering and construction for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our 38,000 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.
Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.