Malaysian Stuff10 Apr 2022 20:00
Hi,
These have been mentioned before but as an update:
UZMA HWU Works: "Scope of Work comprises of integrated HWU services for EnQuest’s workover recompletion and well abandonment campaign at offshore Peninsular Malaysia (“Scope of Works”). The campaign will cover up to three (3) platforms and up to twelve (12) wells operated by EnQuest. Work is expected to commence on March 2022 and completed in October 2022. The value of the Contract is approximately Ringgit Malaysia Thirty Million Only (RM30,000,000.00)" So pays for itself after about 54,000 barrels.
Barakh Offshore Litigation: "PBJV filed Enforcement Application (Suit 18) of Adjudication Decision. Hearing fixed for this Saman Pemula on 31 May 2022.Enquest filed Notis Permohonan (Suit 33) for Stay Pending Setting Aside. Hearing for this has been fixed on 5 April 2022. Enquest filed Notis Stay Pending Arbitration (Suit 34). Hearing fixed for this has been fixed to be on 1 June 2022." Barakh Offshore Loss of Contract being countered by Enquest Loss of Earnings.
GLAXXX