OceanMight Sdn. Bhd.

[Reg.No.: 201201029015 (1013502-A)]
(a subsidiary company of KKB Engineering Berhad)

Sarawak fabricator to perform works related to piles for large offshore platform

7 March 2022 – Sarawak-based oil and gas fabricator OceanMight has been awarded a subcontract related to the central processing platform for the Jerun project offshore Malaysia.

The contract was awarded to OceanMight by Malaysia Marine & Heavy Engineering (MMHE), which is the main contractor for the Jerun central processing platform.

The workscope covers the provision of fabrication engineering, supervision, manpower, necessary equipment/tools and consumables for the “piles fabrication, loadout and sail away” of the Jerun A CPP jacket, OceanMight’s publicly-listed parent company KKB Engineering said.

KKB did not place a specific value on the subcontract, which began in February and is to be completed by next February.

MMHE was awarded the main 1 billion ringgit (US$243 million) contract for the central processing platform last April.

The topsides will weigh about 15,000 tonnes, the jacket about 10,000 tonnes and the piles about 5000 tonnes.

As at the end of December 2021, MMHE said its contract was nearly 17% complete.

The platform is to be located on the Jerun gas field on Block SK 408 offshore Bintulu, Sarawak.

The field is expected to produce 500 million cubic feet per day of gas when it comes on stream in 2024.

The owners of Block SK 408 are operator SapuraOMV with 40% and Shell and Petronas Carigali each with 30%.