Wednesday, September 1, 2010

#Flash* SapuraCrest Petroleum clinches US$134m contracts

KUALA LUMPUR: The SAPURACREST PETROLEUM BHD [] group has secured US$134 million in contracts to provide a self-erecting drilling rig and a bareboat charter.

The company said on Wednesday, Sept 1 that its subsidiary, Tioman Drilling Company Sdn Bhd had received a letter of award from Carigali Hess Operating Company Sdn Bhd and Carigali PTTEPI Operating Company Sdn Bhd to deploy the rig.

Its subsidiary Crest Tender Rigs Pte Ltd was awarded a bareboat charter from Seadrill UK Ltd to perform works under Seadrill Group's contract with Chevron for development drilling offshore Thailand.


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