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NewsAlam Maritim unit bags RM182 million contract
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Alam Maritim unit bags RM182 million contract
by Cals Tue 26 Mar 2013, 01:32
Alam Maritim unit bags RM182 million contract
Business & Markets 2013
Written by Shalini Kumar of theedgemalaysia.com
Monday, 25 March 2013 18:48
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KUALA LUMPUR (Mar 25): Alam Maritim Resources Berhad’s (AMRB) wholly-owned unit, Alam Maritim (M) Sdn Bhd, has received a letter of award from an independent oil and gas exploration and production company for the provision of underwater services comprising subsea inspection, maintenance and repair.
The contract is for a value of up to RM182 million.
The contract is for a period of three years, with an extension option exercisable by the client for another one year.
The contract is expected to positively contribute to the earnings and net assets of AMRB for the financial year ending 31 December 2013 up to 2017.
Business & Markets 2013
Written by Shalini Kumar of theedgemalaysia.com
Monday, 25 March 2013 18:48
A + / A - / Reset
KUALA LUMPUR (Mar 25): Alam Maritim Resources Berhad’s (AMRB) wholly-owned unit, Alam Maritim (M) Sdn Bhd, has received a letter of award from an independent oil and gas exploration and production company for the provision of underwater services comprising subsea inspection, maintenance and repair.
The contract is for a value of up to RM182 million.
The contract is for a period of three years, with an extension option exercisable by the client for another one year.
The contract is expected to positively contribute to the earnings and net assets of AMRB for the financial year ending 31 December 2013 up to 2017.
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