JDC Announced New Drilling Contract with KPOC for "CHIKYU"
JDC announced a contract award by Kebabangan Petroleum Operating Company (KPOC) of Malaysia to Petronnic Sdn. Bhd. (PSB) for Deep-Sea Drilling Vessel CHIKYU owned by Japan Agency for Marine-Earth Science and Technology.
JDC, as a technical partner of PSB, shall provide KPOC with the offshore drilling services by CHIKYU through PSB for the KPOC's one (1) firm well plus one (1) optional well offshore Sabah, Malaysia. The drilling operation is expected to commence in July 2013. The contract value is approximately US$ 32 million.
KPOC is a joint operating company of Petronas Carigali Sdn. Bhd., Shell Energy Asia Limited and ConocoPhillips Sabah Gas Ltd.