Barakah Offshore Petroleum's unit gets LOA
Published on: Tuesday, May 26, 2015
Kuala Lumpur: Barakah Offshore Petroleum Bhd's unit, PBJV Group Sdn Bhd, has received a Letter of Award (LOA) from Sarawak Shell Bhd and Sabah Shell Petroleum Co. Ltd for the supply of operational pigs and pigging accessories and related equipment and services.In a filing to Bursa Malaysia, it said the duration of the LOA is three years from April 15, 2015, with an option to extend for a further year.Stay up-to-date by following Daily Express’s Telegram channel.
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"The value of the LOA will depend on the actual work orders to be issued by Shell from time to time during its duration," the company said.
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Barakah Offshore Petroleum said the pigging operation will be carried out offshore Sarawak and Sabah, mainly for the operational maintenance of oil and gas pipelines. – Bernama