KCA Deutag Signed Contract with Perisai Petroleum of Malaysia

Source: www.gulfoilandgas.com 5/22/2013, Location: Asia

International drilling contractor, KCA Deutag, has announced it has signed a contract with Perisai Petroleum Teknologi Bhd of Malaysia for the provision of drilling operations, management and maintenance services on the Perisai Pacific 101 jack-up. The agreement also calls for KCA Deutag to train, coach and mentor National Malaysian management and crews.

Perisai is an established Malaysian oil & gas company publicly listed on the Malaysian stock exchange. It owns various offshore vessels and facilities employed in the exploration, development and production phases of oil and gas fields in Malaysia and regionally.

The Perisai Pacific 101 jack-up rig is currently being built in Singapore and it is scheduled to be completed in July 2014. KCA Deutag drilling and maintenance crews will be involved in the latter stages of construction, commissioning and final testing. Thereafter, the company will have a drilling crew of experienced people working offshore and an additional group of onshore support personnel. The support that KCAD provides will enhance and grow Malaysian capabilities on a programme structured to handover operations to Perisai in the short term.

Larry Stamp, Regional Manager for South East Asia, said: “This is a very exciting project for KCA Deutag to be involved with. Having the opportunity to work on a new rig build and then provide the operational crew is a great opportunity for us and we look forward to working with Perisai. We also see further opportunity to cooperate on other similar projects in the near future.”

KCA Deutag has also recently moved its regional office from Singapore to Kuala Lumpur in recognition of the growing importance of Kuala Lumpur as the premier oil and gas centre in South East Asia. From this office, the company will manage drilling operations currently taking place in Malaysia, Myanmar and Brunei.

Martin Ellins, KCA Deutag’s Senior Vice President for Mobile Offshore Drilling Units, said: “One of our strategic objectives has been to market our expertise and reputation for safe, effective and trouble-free operations to the market where the rigs are owned by entities that need drilling operations and management services - this contract with Perisai is the first of such type for our MODUs function. South East Asia is an important growth market for KCA Deutag and securing this contract will help us increase our presence in a rapidly expanding region.”

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

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