SapuraCrest Petroleum Bhd has a secured a RM3 billion contract for offshore installation at the Gumusut-Kakap Field.
The field, located about 200 km off Sabah in water depth of 1,200 metres, is operated by Sabah Shell Petroleum Company Ltd (Shell).
SapuraCrest said on March 17 the contract is for three years, beginning this year.
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