Ramunia gets LOI from Shell

Malaysia: Ramunia confirmed it had been handed a letter of intent for two fabrication contracts by Shell

Ramunia has confirmed it has been awarded a letter of intent from a Malaysian subsidiary of Anglo-Dutch supermajor Shell for two fabrication contracts worth a combined 150 million ringgit ($49.4 million).

The Malaysian company said it had received a letter of intent from Sarawak Shell Berhad for the fabrication of the D12DR-A and LADR-A substructures and another for the fabrication of the topsides.

Ramunia confirmed the awards in response to a query from Bursa Malyasia on local media reports it had won a contract from Shell for fabrication works.

Shell is developing the the Laila field in Block SK 307 and the D12 marginal field in Block SK5, off Sarawak, in partnership with state-run oil company Petronas.

The D12 development involves a drilling riser platform…

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