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Scomi Energy Gets RM113.51 Million PTTEPI Contract

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KUALA LUMPUR – Scomi Energy Services Bhd has secured a RM113.51 million three-year contract from PTTEP International Ltd (PTTEPI) Myanmar.

In a filing to Bursa Malaysia today, Scomi Energy said the contract was to provide drilling fluids together with solids control products, equipment and engineering solutions contract.

It covered Phases 1B and 1C of the Zawtika Development drilling campaign and work was expected to commence in the fourth quarter this year, PTTEPI said.

Scomi Energy said under the terms, PTTEPI would be using its new line of biodegradable base oil from the PlatDrill series in its drilling fluids systems for the offshore drilling campaign.

President-Market Units, Oilfield Services, Wan Ruzlan Iskandar, said extensive laboratory tests with various simulations of drilling conditions ranging from normal to extreme high-pressure, high-temperature wells had indicated that this Platdrill oil series would enhance drilling performance, and ultimately reduce drilling cost.

Scomi Energy said the green-based oil from PlatDrill series was environmentally-friendly, biodegradable and non-toxic when compared with conventional hydrocarbon base oil.

“It has been recently classified as readily biodegradable with a non-toxic ranking by the Council of Scientific and Industrial Research–National Institute of Oceanography, India,” it said. – BERNAMA

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