Donno.

HESS Phase 4 is only about to start FEED. EPC tender is planned to be issued out for bidding in late 2Q 2020. HESS can’t simply handover the job to Sapura.

One more thing to highlight, SapuraOMV is the operator and the other Sapura is basically a contractor.

It’s not correct to say that Sapura will definitely get Jerun just because the operator is SapuraOMV. SapuraOMV will definitely need to follow the tender bid procedures as per Petronas’ requirements. It’s just so happen that Sapura’s competitor for Jerun is busy with another big CPP and with other good fabrication prospects next year, that Sapura will be the only viable and available fabricator for the job. Sapura will still need to put in it’s bid for Jerun EPC.

Now the question is, which engineering consultant Sapura will JV with. I heard they were OK with Worley’s performance in Pegaga and they might opt to JV with Worley for Jerun. But the current Jerun FEED contractor is also keen to JV with Sapura for Jerun EPC.

This post has been edited by Stamp: Dec 31 2019, 09:07 AM

It’s been in the rumour mills for some time.

There are issues with the reservoir data. Ada yg tak percaya!

The bidders were requested to extend bid validity till April 2020.

6. Jerun CPP EPIC tender bid is out. Bid closing end Feb 2020. Planned award mid 2020. That Lumut fabricator is smiling from ear to ear now. I wonder which design consultant they will JV with.

7. Hess NMB Phase 4 EPC tender bid planned 3Q2020. 3 or 4 WHPs.

it is a sunset business in Malaysia (not globally), unless they find major oil fields in the deeper waters.

If I were Petronas, I would like Sapura to get the Jerun CPP EPCIC job, so that they can harness their floatover CPP fabrication experience to be at par with MMHE. Apparently so far, they are doing well with Pegaga project which is their first CPP floatover project. We lost a good fabricator Sime Darby some years back which was a real competitor to MMHE and I am hoping Sapura will be eventually be at par with Sime and be capable to bid more international projects.

This post has been edited by Stamp: Jan 20 2020, 08:03 AM

my friends over at MD are having sleepless nights now. but they are very busy with middle east projects now.

You didn't read earlier post on Jerun EPCIC bid, did you? Tender issued out to potential bidders end of last year, and planned award is middle of 2020.

Petronas will need a good justification to disqualify Sapura, commercially.

Sapura's competitor financial status is nothing to shout about also.

When Sapura is done with Pegaga, they will have an experienced CPP Floatover PMT, ready to take up a new challenge in Jerun EPCIC.

This post has been edited by Stamp: Jan 21 2020, 01:13 PM

Hold you breath!

Heard Sapura froze all hiring for now.

http://www.mcdermott-investors.com/news/pr...th/default.aspx

https://www-rigzone-com.cdn.ampproject.org/...71-article/?amp

This post has been edited by Stamp: Jan 24 2020, 09:19 AM

Plenty of inventories this Jerun.

Brent at USD55 today.

This virus had really affected the crude price.

https://www.freemalaysiatoday.com/category/...-from-petronas/

Petros took over Sarawak gas MGMT from Petronas.

Hope they do better than PETRONAS or at least maintain the standard set by PETRONAS.

This post has been edited by Stamp: Feb 13 2020, 06:04 AM

there's no issue of McD not paying salaries to KL staff, is there?

McD present clients should worry since the company may not be able to deliver the works if the staff are leaving.