Tuesday, April 26, 2011

Kencana gets RM208m job for Kebabangan northern hub devt project

KUALA LUMPUR: KENCANA PETROLEUM BHD [] has secured a RM208 million contract for the fabrication of a substructure for the Kebabangan northern hub development project off the coast of Sabah.

It said on Tuesday, April 26 its unit Kencana HL Sdn Bhd was awarded the project by Kebabangan Petroleum Operating Company (KPOC).

Under the contract, it would build and commission the substructure for the Kebabangan northern hub.

Kencana said it was a one-off contract and was expected to be delivered to KPOC within the third quarter of 2012.

On Monday, SIME DARBY BHD [] said ts unit Sime Darby Engineering Sdn Bhd was awarded a RM1.15 billion contract to fabricate KBB Topsides for the Kebabangan Northern Hub Development Project by KPOC.

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