Yahoo.com: Malaysia Shell To Award MYR385M Gas Drilling Contracts: “KUALA LUMPUR (Dow Jones)--Shell Malaysia Wednesday confirmed it will award five contracts later in the day worth a total MYR385 million ($101 million) for the upgrading of drilling facilities at key gas production sites.” (ShellNews.net)

Wednesday November 3 2004

KUALA LUMPUR (Dow Jones)--Shell Malaysia Wednesday confirmed it will award five contracts later in the day worth a total MYR385 million ($101 million) for the upgrading of drilling facilities at key gas production sites.

All five contracts will be awarded to Malaysia Shipyard & Engineering, a unit of Malaysia International Shipping Corp. (3816.KU).

The upgrading and fabrication work on Shell's gas production sites offshore the eastern state of Sarawak will be completed by December 2005 and employ as many as 1,800 workers.

"When completed, the facilities will form the largest Royal Dutch Shell project in Southeast Asia," a spokeswoman confirmed.

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