Petra Energy Berhad through its wholly owned subsidiary, Petra Resources Sdn Bhd has been awarded the Topside Maintenance execution services for the Gumusut Kakap floating production system offshore Sabah, Malaysia by Sabah Shell Petroleum Company Ltd.
Under the terms of the Contract, Petra Energy will provide contract management, site execution and offshore maintenance crew to undertake maintenance activities for the Gumusut Kakap floating production system.
The contract is for a period of 14 months beginning April 1 and expiring on May 31, 2016 and is on a call-out basis – work orders will be issued at the discretion of the client based on standard schedule of rates. The Topside Maintenance Services contract is an addition to the offshore services contract awarded in 2012 by Shell for the Gumusut Kakap project. It was the first deepwater project for Petra Energy.