Malaysian oil company wins US$35 million contract in Vietnam
(VOV) - TL Offshore Sdn Bhd, a subsidiary of the Malaysian SapuraKencana Petroleum Group, has won a US$35 million contract to install offshore facilities for the Diamond Oilfield project with Vietnam’s PTSC Offshore Services.
The contract includes installing oil rigs, and pipelines at the Diamond oil field, which lies 18km north of the Ruby oil field and 155km east of Vung Tau city.
According to SapuraKencana the TL Offshore contract will contribute significantly to the net assets value of the group.
SapuraKencana Petroleum is Malaysia's leading provider of integrated oil and gas services and solutions.