KENCANA PETROLEUM BHD [] has secured a RM208 million contract for the fabrication of a substructure for the Kebabangan northern hub development project off the coast of Sabah.
It said on Tuesday, April 26 its unit Kencana HL Sdn Bhd was awarded the project by Kebabangan Petroleum Operating Company (KPOC).
Under the contract, it would build and commission the substructure for the Kebabangan northern hub.
Kencana said it was a one-off contract and was expected to be delivered to KPOC within the third quarter of 2012.
It said on Tuesday, April 26 its unit Kencana HL Sdn Bhd was awarded the project by Kebabangan Petroleum Operating Company (KPOC).
Under the contract, it would build and commission the substructure for the Kebabangan northern hub.
Kencana said it was a one-off contract and was expected to be delivered to KPOC within the third quarter of 2012.
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