Shell Malaysia says it will award five contracts worth $101 million for the upgrading of drilling facilities at key gas production sites. All five contracts will be awarded to Malaysia Shipyard & Engineering, a unit of Malaysia International Shipping Corp.

The upgrading and fabrication work on Shell's gas production sites offshore the eastern state of Sarawak will be completed by December 2005 and employ as many as 1,800 workers.

The company says that when completed, the facilities will form the largest Royal Dutch Shell project in Southeast Asia.

11/03/04