The MoC will see the two companies exclusively work together to provide deep-water installation of subsea umbilicals, risers and flowlines, along with related services, in Malaysia.
“This collaboration will allow us to serve the full spectrum of subsea installation market for Malaysia’s O&G industry and a step up for Barakah to be involved in deep-water segment,” Barakah deputy executive chairman, Encik Nik Hamdan Daud, said.
“Together,