Malaysia’s oilfield services provider Tanjung Offshore Services (TOS) has received a letter of award from Petronas Carigali for the leasing, operating, and maintenance of a mobile offshore production unit (MOPU) for the Bayan Gas Development Project Phase 2.
Tanjung said on Thursday that the contract was won by a wholly-owned subsidiary of the company and its consortium partner VME Process Systems Malaysia on January 30.
The company added that the value of the contract was based on the contract price as stipulated in the letter of award.
The effective date of the contract is February 1 and the acceptance date is 27 months from the effective date. The time charter period is for ten years from the acceptance date.
According to previous announcements by Petronas Carigali, phase two of the Bayan gas redevelopment in the Balingian PSC offshore Sarawak, Malaysia, will entail drilling of four wells at the existing BYDP-C drilling platform.
IHS Markit said in July 2019 that the company had been mulling a MOPU unit for a while and that it was supposed to be bridge-connected to existing riser platform BYR-A.
IHS also said that a new 12.7 km full well stream pipeline would be installed from BYDP-C to BYR-A, and modification and upgrade works would be carried out at existing facilities in the Bayan complex.