IEV completes decommissiong projects

Projects and Operations - May 14, 2012

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IEV Holdings Limited has announced that its 30 per cent associate, IEV (Malaysia) Sdn Bhd, has completed the two turnkey decommissioning projects awarded by Petronas Carigali Sdn Bhd ahead.

Worth a total of RM27.0 million, the scope of work for the two projects included the
provision of engineering, preparation, removal and disposal (EPRD) of two platforms and associated pipelines offshore Sarawak.

The projects were awarded by Petronas Carigali in two separate packages in June and
November 2011 respectively, but were later integrated and executed in a single campaign.

An accommodation and crane barge and two anchor handling tug supply vessels were mobilised to undertake the work. A team of 55 project management, construction, diving and cutting personnel, together with the marine crew from the vessels were involved in the projects. A number of subsea cutting technologies were employed to remove the ageing assets.


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