KUALA LUMPUR: SapuraKencana Petroleum Bhd’s wholly-owned drilling subsidiaries have been awarded three new contracts and a contract extension worth RM2.3 billion.
One of its subsidiaries, Petcon (Malaysia) Sdn Bhd has been awarded two contracts by Petronas Carigali Sdn Bhd (PCSB) for the provision of its tender assist drilling rigs to utilise SKD T-9 and SKD T-10 for its development drilling campaign offshore Malaysia.
Another subsidiary, SapuraKencana Drilling Asia Ltd has been awarded a contract by Chevron Thailand Exploration And Production Ltd for the provision of offshore drilling rig and services.
Meanwhile, Seadrill Jaya Ltd, a subsidiary incorporated in Bermuda, has accepted an extension to its contract with BP Trinidad & Tobago LLC for the provision of offshore drilling rig and services.
“The contracts and contract extension will have no effect on the issued and paid-up share capital of the company and are expected to contribute positively towards the earnings of SapuraKencana Group for the financial year ending January 31 2015 and the financial periods thereafter during the contracts and contract extension periods,” the company said in a statement to Bursa Malaysia.