Tanjung Offshore Secures $35,9M in PTTEP, Petronas Offshore Contracts

OEDigital
Wednesday, November 17, 2021

Malaysian offshore services provider Tanjung Offshore, a subsidiary of T7 Group, has secured two contracts worth a combined value of about RM150 million (around $35,9 million), with oil firms Petronas and PTTEP.

For Malaysia's Petronas Carigali, Tanjung Offshore will provide plug and abandonment integrated services for M3 oilfield, valid from October 14 2021 to December 31, 2022.

For Thai PTTEP, and its Malaysian subsidiaries, Tanjung Offshore will provide Gastec nitrogen generator maintenance services and spare parts, valid from July 2 2021 to July 1,

 T7 Global’s Chairman Norzrul Thani bin Hassan Thani said: "We are thankful for these awards from Petronas Carigali and the PTTEP Group. PTTEP Award shows our continuous commitment to provide after sales service and life-cycle solutions for Gastec On-site Nitrogen Generation System at their facility. 

"On the Integrated Well Services side, M3 Award is our second project in succession from Petronas Carigali to plug and abandon ten (10) wells, following the previous work order award for Plug and Abandonment Integrated Services for Pulai-A project dated 29 March 2021. 

"Pulai-A project was successfully completed with five (5) wells plugged and abandoned safety and ahead of time. With M3 Award, we have cemented our position as an integrated well services player in Malaysia and reaffirmed our technical capabilities to undertake complex offshore projects in the energy value chain. 

"Integrated well services, which cover workover of producing wells and abandonment of old wells shall form part of T7’s long-term energy solutions. We are optimistic of the local oil and gas industry’s outlook with Petronas maximizing its oil production in the short term and expects 500 wells to be permanently plugged by 2030. 

"In the coming year, we aim to ride on our previous success to secure the next integrated well services job under the Pan Malaysia Umbrella Contract premised on our innovative well solutions and good project execution track record,” T7 Chairman said.

Categories: Energy Industry News Activity Asia Oilfield Services

Related Stories

Petronas Greenlights Hidayah Field Development Off Indonesia

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

China’s CNOOC Brings Bohai Sea Oil Field On Stream

ABS Approves Hanwha Ocean’s FPSO Design

Transocean’s Drillship to Stay in India Under New $111M Deal

TotalEnergies Wraps Up Acquisition of SapuraOMV’s Gas Assets

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Harbour Energy, Mubadala Sign Deals for Central Andaman Block Off Indonesia

Current News

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com