Global energy technology group SLB, through its OneSubsea joint venture, has been hired for more work on Malaysia’s first deepwater field, which has now been in production for almost 20 years.
It highlights the growing role of specialist technology and support, including well and intervention services, as the country’s offshore sector matures.
In this latest project, SLB OneSubsea has been awarded an engineering, procurement and construction (EPC) contract by PTTEP Sabah Oil Limited, for various services on the Kikeh field, the country’s first deepwater oil and gas development, which started producing since 2007 — when the first subsea tree manufactured by SLB OneSubsea in Malaysia was deployed.
PTTEP Sabah Oil Limited is a subsidiary company of PTT Exploration and Production Public Company Limited (PTTEP).
“Building on our long-standing collaboration with PTTEP, this award supports the next phase of the development of Malaysia’s deepwater resources,” said Mads Hjelmeland, CEO of SLB OneSubsea.
“With more than two decades of experience supporting PTTEP’s subsea projects, our team is well positioned to deliver safe, efficient and integrated execution across all three recent contract awards.”
The contract expands SLB OneSubsea's role in delivering integrated subsea production systems (SPS) for PTTEP's deepwater portfolio offshore Malaysia and marks the third major SPS award from PTTEP in the last 12 months.
As part of the EPC contract, SLB OneSubsea will deliver comprehensive SPS equipment for the second development of the Kikeh 3B project, including three subsea trees, a manifold, a subsea distribution unit and integrated control systems, along with project management and associated services.
Project execution will run through 2026 and 2027, supported by SLB OneSubsea's manufacturing and services facilities in Malaysia.
“Today, SLB OneSubsea continues to work alongside PTTEP to expand production, at water depths of 1,300-1,400 metres, while increasing local manufacturing of high-value subsea equipment and systems, strengthening local supply chains and building expertise and capabilities in the region,” the company noted in a statement.
