Offshore strategy debate

摘要

PETRONAS is finalising its strategy for its lucrative PanMalaysia offshore installation contracts, which are due to come up for renewal or new bidding. Kuala Lumpur-based sources said Petronas is thinking about moving away from the PanMalaysia model to a more traditional separate bidding process for each job that becomes available. However other contracting sources said Petronas is more likely to go ahead with a new bidding contest for the PanMalaysia contract, which it has upheld for many years.