Page 5 - AsianOil Week 18 2021
P. 5

AsianOil                                   SOUTHEAST ASIA                                           AsianOil

















                           In order to hit its Rokan well target this  predetermined well drilling targets,” Satwiko
                         year, the regulator said last week that it had  said. At present, 43 wells are being drilled.
                         accelerated the goods and services procure-  SKK Migas’ head of goods and services, Erwin
                         ment process. SKK Migas said procurement  Suryadi, said the regulator wanted local suppliers to
                         contracts for 115 wells had been completed,  provide the block’s necessary goods and services in
                         with the contracts for the remaining 77  order to revitalise the local economy.
                         wells scheduled for completion by the end   “The procurement of goods and services for
                         of April.                            the needs of the Rokan block is fully supplied
                           “In an effort to boost the rate of oil and gas  by domestic companies and involves domestic
                         production, SKK Migas will continue to sup-  workers. This will certainly reactivate the domes-
                         port and encourage efforts to accelerate the  tic economy, especially during this pandemic,”
                         procurement of goods and services to meet the  he said.™




       Petronas picks Tanjung Offshore



       for well abandonment work





        PROJECTS &       MALAYSIAN service provider Tanjung Off-
        COMPANIES        shore Services has won a $12mn contract from
                         state-owned Petronas for plug and abandon-
                         ment integrated services for the shallow-water
                         Pulai field.
                           Tanjung Offshore Services parent T7 Global
                         said in a May 4 filing that the MYR50mn
                         ($12.2mn) contract had been awarded on March
                         29 and would run until December 28.
                           The Pulai field is one of five – including
                         Bekok, Tiong, Tinggi and Kepong – that make
                         up the PM9 production-sharing contract (PSC).
                           While T7 noted that Tanjung Offshore would
                         provide well services at the Pulai A platform, it
                         did not provide any other specifics such as the
                         number of wells contracted. In August 2018,
                         Uzma Engineering won a well abandonment  Thani said the contract would cement his com-
                         contract that covered the completion of 22 firm  pany’s position in Malaysia’s integrated well ser-
                         wells at Pulai-A, with some estimates at the  vices market.
                         time suggesting the work might be worth up to   He added: “Integrated well services, which
                         $250mn.                              covers both production wells and abandonment
                           Tanjung Offshore’s contract was awarded  of old wells, will form part of our long-term
                         under the Pan Malaysia Umbrella Contract for  energy solutions for oil majors.”
                         the provision of integrated well services for inter-  Noting that T7 was “optimistic” about the local
                         vention, workover and abandonment for petro-  oil and gas industry’s outlook over the next three
                         leum arrangement contractors (PACs).  years, owing to Petronas’ commitment to boosting
                           Petronas appointed Tanjung Offshore as one  oil production, Thani said there were plans to plug
                         of the panel contractors in September 2019,  more than 500 wells permanently by 2030.
                         allowing the service provider to compete for well   He said: “Over the next few years, we aim to
                         workover and abandonment work from PACs.  win more similar jobs by providing innovative
                           Commenting on the Pulai A award, T7  well solutions to Petronas and other oil majors
                         Global chairman Nik Norzrul Thani N Hassan  in the region.”™



       Week 18   06•May•2021                    www. NEWSBASE .com                                              P5
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