18 Aug ACTUATED VALVE PACKAGE FOR OFFSHORE OIL & GAS FACILITIES – REACH INTEGRATED AWARDED BY SEA HIBISCUS
Hibiscus Petroleum Berhad (HIBISCUS) is Malaysia’s first listed independent oil and gas exploration and production company. It is headquartered in Kuala Lumpur, Malaysia and listed on the Main Market of Bursa Malaysia Securities Berhad.
The 2011 North Sabah Enhanced Oil Recovery Production Sharing Contract (North Sabah PSC) is HIBISCUS’ first Malaysian oil and gas asset. SEA Hibiscus Sdn Bhd (SEAH), a subsidiary of HIBISCUS has been the operator of North Sabah PSC since March 2018.
SEAH also operates the SFJT-C Smart Wellhead Platform which is part of the South Furious Oil Field under the North Sabah PSC.
Under this arrangement, SEAH has awarded Reach Integrated a Contract for Supply, Factory Test, Delivery, Installation & Commissioning of Motor Operated Valve (MOV) consisting of ROTORK IQ18/F10/B3 Multi-Turn Electric Actuator complete with a 12-inch 600# A105 Ball Valve by MIR VALVE.