06 Jul ACTUATORS FOR TERMINALS, GAS PROCESSING PLANTS, REFINERIES & PETROCHEMICAL 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 Labuan Crude Oil Terminal or LCOT which was built to receive & export wet crude oil production from numerous of Sabah offshore production platforms.
Under this arrangement, SEAH has awarded Reach Integrated a Contract for Supply, Delivery, Installation & Commissioning of ROTORK IQ91/F25/B4 and IQ35/F16A Multi-Turn Electric Actuators for Labuan Crude Oil Terminal (LCOT).