Coastal Contracts Bhd Company News

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Malaysia's Coastal Contracts Bullish on Entry into Indonesia's LNG Market
Tuesday, August 30, 2016 Malaysia's Coastal Contracts is optimistic about its impending entry into Indonesia's liquefied natural gas (LNG) market after acquiring PT Jaya Samudra Karunia Gas (JSK Gas) for $20.8 million.

Malaysia's Coastal to Acquire 49% Stake in Indonesia's JSK Gas for $6.6M
Tuesday, August 02, 2016 Malaysia's Coastal Contracts to acquire 49 percent stake in Indonesia's PT Jaya Samudra Karunia Gas (JSK Gas) for $6.6 million as it ventures into the country's floating storage and regasfication business.

Coastal Contracts Updates on Arbitration Proceedings on Jackup Construction
Monday, March 07, 2016 Coastal Contracts updates on arbitration proceedings on the construction of a jackup by China's Yantai CIMC Raffles and Dynamic Driller.

Coastal Contracts Bags $44M Contracts to Build 8 Vessels, Including 3 OSVs
Friday, February 26, 2016 Malaysia's Coastal Contracts bags $44 million contracts to build eight vessels, including three offshore support vessels.

Coastal Contracts' Unit TML Seeks $5.65M in Damages from 2 Rig Builders
Monday, October 12, 2015 Coastal Contracts' subsidiary Thaumas Marine commences arbitration proceedings in Singapore to seek $5.65 million in claims relating to a jackup built by CIMC Raffles and Dynamic Driller.

CIMC Raffles to Deliver AGOSTO-12 to Coastal Contracts Ahead of Pemex Job
Wednesday, August 26, 2015 CIMC Raffles will deliver AGOSTO-12 jackup gas compression service unit to Malaysia's Coastal Contracts Friday ahead of a long-term charter with Pemex at the Cantarell oil field in the Gulf of Mexico.

Malaysian Firm Sells Drilling Rig for $223M
Wednesday, April 22, 2015 Coastal Contracts sells a jack-up rig for $223 million.

Coastal Contracts Lands $54M Contracts to Build OSVs for Mexican Customers
Tuesday, February 24, 2015 Coastal Contracts secures orders to build two offshore support vessels for customers in Mexico for $54.2 million.

Coastal Contracts Bags Deals to Supply Seven OSVs for $136M
Monday, September 29, 2014 Coastal Contracts bags deals to supply seven offshore support vessels for $135.73 million.

CIMC Raffles Delivers Jackup Coastal Driller 4001 to Coastal Contracts
Wednesday, August 13, 2014 CIMC Raffles delivers newbuild jackup Coastal Driller 4001 to Malaysia's Coastal Contracts in Yantai, China.

Coastal Contracts Bags $54.5M Deals to Build Vessels, Including 3 OSVs
Monday, March 31, 2014 Coastal Contracts bags deals, worth $54.5 million, to build five vessels, including three offshore support vessels.

Coastal Contracts Bags $372M Deal to Supply Self-Elevated Jackup to Pemex
Tuesday, February 11, 2014 Coastal Contracts' subsidiary bags $371.6 million contract to provide a self-elevated jackup to Pemex.

Coastal Contracts' Subsidiaries Bag $99.8M Contracts to Build 6 OSVs
Tuesday, October 22, 2013 Coastal Contracts' subsidiaries bag contracts, worth $99.8 million, to build six offshore support vessels.

Coastal Contracts Wins $52M Deals to Build AHTS, Subsea Vessels
Tuesday, August 13, 2013 Malaysia's Coastal Contracts bags deals to construct an anchor handling tug supply vessel and a subsea support/maintenance vessel for $52.2 million.

Coastal Contracts Lands $132M Deals for 7 Vessels
Monday, July 29, 2013 Malaysia's Coastal Contracts secures orders to build 7 offshore vessels for a total of $132 million.