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    1. Business Briefs
    2. Equipment Engineering

    Wah Seong secures $127M FPSO topside modules contract

    Dec. 9, 2022
    Wah Seong subsidiary WS Engineering & Fabrication has been awarded a US$127.1 million contract by Yinson Azalea Production for the supply of certain FPSO topside modules.
    Photo 116218789 © Igor Kardasov | Dreamstime.com
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    Offshore staff

    PETALING JAYA — Wah Seong Corp. Bhd’s (Wasco) indirect wholly owned subsidiary, WS Engineering & Fabrication Pte Ltd., has been awarded a US$127.1 million (RM557.65 million) contract by Yinson Azalea Production Pte Ltd. for the supply of certain FPSO topside modules.

    In a filing with Bursa Malaysia on Dec. 7, Wasco said the scope of work includes engineering, procurement and construction of certain FPSO topside modules.

    The work and services of the contract are expected to be completed within two years. The contract is project-specific and not renewable.

    12.09.2022