Boustead's Unit Bags $33.5M EPCC Deal for SK309/311 Project
Source: www.gulfoilandgas.com 11/22/2013, Location: AsiaThe Company wishes to inform that its wholly-owned subsidiary, Boustead Penang Shipyard Sdn. Bhd. ("BPS") has on 19 November 2013 received a Letter dated 13 November 2013 from Murphy Sarawak Oil Co., Ltd. ("Murphy") awarding BPS a contract for the Engineering, Procurement, Construction and Commissioning (EPCC) of Belum (BE-SA) Topsides for Murphy's SK309/311 Phase 2 Sarawak Gas Development Project ("the Contract") at a contract value of RM108,000,000.00. The completion date of the contract is in June 2015. A formal contract between Murphy and BPS will be signed at a later date.
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