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Tanjung Offshore lands RM50m Petronas contract
by hlk Fri 01 Jul 2011, 21:08
KUALA LUMPUR: TANJUNG OFFSHORE BHD [] has secured a RM50 million contract from Petronas Carigali Sdn Bhd to provide three offshore support vessels for periods ranging between one and three years..
The company said on Friday, July 1 its unit Tanjung Offshore Services Sdn Bhd was awarded the contract to provide the ships for the primary period from June and July 2011 respectively with options to extend between one and two years.
Tanjung Offshore expected the long term contracts to contribute positively to the earnings and net assets for the financial years ending Dec 31, 2011 and beyond.
The company said on Friday, July 1 its unit Tanjung Offshore Services Sdn Bhd was awarded the contract to provide the ships for the primary period from June and July 2011 respectively with options to extend between one and two years.
Tanjung Offshore expected the long term contracts to contribute positively to the earnings and net assets for the financial years ending Dec 31, 2011 and beyond.
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