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NewsPuncak Niaga bags RM187.3 m project from HESS
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Puncak Niaga bags RM187.3 m project from HESS
by Cals Tue 16 Apr 2013, 00:51
Puncak Niaga bags RM187.3 m project from HESS
Business & Markets 2013
Written by Charlotte Chong of theedgemalaysia.com
Monday, 15 April 2013 19:25
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KUALA LUMPUR (April 15): PUNCAK NIAGA HOLDINGS BHD [] announced that its indirect wholly owned unit, GOM Resources Sdn Bhd, has bagged a service contract worth RM187.3 million from American oil company HESS.
Puncak Niaga told Bursa that the contract includes the provision of the integrated transportation and installation of offshore facilities for early production scheme, integrated gas development project and North Malay basin field.
It added the contract period will be 17.5 months and it has the option to extend for another two years by giving a written notice to GOM.
Puncak Niaga anticipates that the project would contribute positively to the future earnings and net assets of Puncak group.
Business & Markets 2013
Written by Charlotte Chong of theedgemalaysia.com
Monday, 15 April 2013 19:25
A + / A - / Reset
KUALA LUMPUR (April 15): PUNCAK NIAGA HOLDINGS BHD [] announced that its indirect wholly owned unit, GOM Resources Sdn Bhd, has bagged a service contract worth RM187.3 million from American oil company HESS.
Puncak Niaga told Bursa that the contract includes the provision of the integrated transportation and installation of offshore facilities for early production scheme, integrated gas development project and North Malay basin field.
It added the contract period will be 17.5 months and it has the option to extend for another two years by giving a written notice to GOM.
Puncak Niaga anticipates that the project would contribute positively to the future earnings and net assets of Puncak group.
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