Scomi Wins Deal to Supply AHTS to Coastal Energy

Malaysia-listed Scomi Energy Services Bhd (Scomi Energy Services) announced that its subsidiary, PT Rig Tenders Indonesia Tbk (PTRT) has won a contract from Coastal Energy Company in Thailand, for the provision of a 60 metric ton bollard pull anchor handling, towing and supply (AHTS) vessel.

The contract, which is for a duration of one year, commenced at end June 2013. Coastal Energy has the option to extend it for a further one year. Scomi Energy said the contract is valued at around $6.9 million (MYR 22 million) for the entire two-year period.

Under the contract, PTRT will provide anchor handling, towing and supply run for Coastal Energy’s offshore installation works.

“This win expands our offshore support vessel services footprint in Asia. The marine division now is present in the Thailand market and with our proven capability in this sector, we are optimistic of our growth potential in this region,” Mukhnizam Mahmud, president, Marine Services, Scomi Energy Services Bhd, said in a press release.

Scomi Energy has a fleet of 82 vessels comprising 42 tugs, 29 barges, six utillity vessels, three AHTS vessels and two accommodation barges. Apart from offshore support services, Scomi Energy’s other business activity includes oilfield services, production enhancement and marine logistics, for the oil and gas as well as the coal industries.

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