PCPP leases two MOPUs for assignment off Malaysia

PCPP Operating Co. of Malaysia has awarded Global Process Systems a $360 million contract for the lease of two mobile offshore production units (MOPUs) for deployment offshore Sarawak, Malaysia.

Offshore staff

DUBAI -- PCPP Operating Co. of Malaysia has awarded Global Process Systems a $360 million contract for the lease of two mobile offshore production units (MOPUs) for deployment offshore Sarawak, Malaysia.

The MOPUs will be deployed on the D30 and Dana field development projects on block SK305 offshore Sarawak, for a contract period of ten years. First oil is expected in June and September 2009 respectively.

The upgrade and conversion works of the MOPUs for PCPP will be undertaken by MISC's wholly owned subsidiary, Malaysia Marine & Heavy Engineering Sdn Bhd in Pasir Gudang, Johor, Malaysia.

08/20/2008

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