HHI bags EPCIC contract from Hess for North Malay Basin project

7/2/2014

HHI bags EPCIC contract from Hess for North Malay Basin project

ULSAN, South Korea -- Hyundai Heavy Industries Co., Ltd (HHI), reported that it received a Letter of Award (LOA) from Hess Exploration and Production Malaysia on May 27, 2014 for the provision of engineering, procurement, construction, transportation, installation, hook-up and commissioning (EPCIC) contract for the Bergading Complex which comprises a central processing platform (CPP), a bridge and a wellhead platform. The Bergading Complex is part of the full field development project in North Malay Basin, which Hess operates under a production sharing contract with Petronas.

The complex will be located offshore Malaysia, in approximately 60 m water depth.

The CPP will be constructed at HHI’s offshore yard in Ulsan, South Korea, while the other facilities will be constructed by its appointed fabrication sub-contractor in Malaysia. The offshore installation of the Bergading facilities is scheduled to take place by the end of 2016.

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