Although a few terms from the old system survived - "bob" (originally "bobstick", "shilling"), and "nicker", "pound" (origin unknown) - decimalisation finally did for terms like "fudge", "brown" and "
mopus" (a "farthing" or "quarter-penny").
The contract awarded by PCPP Operating Company of Malaysia is for the lease of two mobile offshore production units (MOPUs) for deployment offshore Sarawak, Malaysia.
The MOPUs will be deployed on the D30 and Dana Field Development projects on Block SK305 offshore Sarawak, for a contract period of 10 years.
One of the existing MOPUs is in operation at Santos Australia's Maleo Development, offshore Indonesia, while the other two are in operation in Malaysian waters for Murphy Oil and for Petrofac on its Cendor Development.
The upgrade and conversion works of the MOPUs for PCPP will be undertaken by MISCCOs wholly owned subsidiary, Malaysia Marine & Heavy Engineering in Pasir Gudang, Johor, Malaysia, the statement said.
GPS, an international provider of MOPU solutions, is MISCCOs partner in this venture.