Barakah Offshore’s subsidiary PBJV Group Sdn Bhd (PBJV), has received the Letter of Award from PETRONAS Carigali Sdn Bhd (PCSB) for the supply, refurbishment and maintenance of cleaning pig and associated services.
The contract comprises the supply, refurbishment, and maintenance of cleaning pig and associated services in Sabah and Sarawak. The contract duration is two years from 26th June 2015 to 25th June 2017, with one year extension option from 26th June 2017 to 25th June 2018.
According to Barakah the work scope covers the procurement and supply of pipeline inspection gauges (pigs), procurement of refurbishment kits, refurbishment of pigs, training and ad hoc services related to pigging operations. The scope is part of PCSB’s yearly Operational Pigging Programme (OPP).
OPP is an essential element in the maintenance of pipeline system in order to maximize production flow by maintaining internal bore, mitigate internal corrosions and also maximize the design life of the pipeline.
The total value of the contract will depend on the actual work orders to be issued by PCSB from time to time during the contract period. Barakah management estimates that the value of the contract to be approximately RM20 million to RM30 million ($5-$7.5 million), based on the current estimated work program.