The Serendah production topsides facilities are for Murphy Oil’s SK309/311 SPSA development project, for blocks 309 and 311 offshore Bintulu, Sarawak.
Kencana will provide engineering, procurement, construction and commissioning services to the project, under a contract expected to be delivered in the first half of the 2013 calendar year.
The company said it expected the contract would contribute positively to its earnings and net assets per share.