ROC Oil Sarawak operation has awarded three drilling and production concession to Reservoir Link Energy Bhd in relation to perforation services for D35, D21 and J4.
Scope of work under the contract will include for Reservoir to supply a complete through tubing perforation and explosive tubing punches package to be conveyed with slickline, electric line, and/or coiled tubing as required by ROC. It will need to supply equipment, tools, materials, consumables and personnel required to perform through tubing perforation and explosive tubing puncher for production enhancement and completion phase of drilling campaign.
Reservoir is also required to work together with other parties contracted by ROC to ensure successful work completion. Apart from the job will need the company to prepare the overall details, mobilisation, verification and installation of equipment offshore, equipment inventory and preventive maintenance. Including responsible for the uninstallation and demobilisation of equipment at the end of services. The contract period will be valid for two years with an extension option of one year, it will include an irrevocable and unconditional bank guarantee for an amount of RM470,000, being 10% of the Contract value, by 12 September 2021. The LOA shall constitute as a binding contract between ROC and RLSB until the formal Contract is executed.
Roc Oil Company Pty Limited is one of Australia’s leading independent upstream oil and gas companies with a presence in China, South East Asia and Australia. The Company operates across the full range of upstream business activities from exploration and appraisal to development and production delivery. It is incorporated in Malaysia and has a 30% participating interest in the Petronas Carigali D35, D21, J4 Production Sharing Contract (“PSC”) oil fields, offshore Sarawak. It is also appointed as the Project Development Manager by the PSC joint venture partners and responsible for subsurface management, well engineering, new facilities projects and redevelopment project execution.