Alam Maritim Gets Contract Extension to Supply Accommodation Barge

Malaysia's Alam Maritim Resources Berhad reported Tuesday that the firm's wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, has been awarded an extension of its contract with ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for the provision of 1 accommodation barge/vessel (the Contract), the company said in an announcement on local stock exchange Bursa Malaysia.

The extension of the contract, which will take effect Feb. 1 for a period of 12 months, is valued at approximately $17.7 million (MYR 58.8 million).

Under the original contract, which was worth around $39.3 million (MYR 125.6 million), Alam Maritim supplied EMEPMI with an accommodation barge/vessel for a period of 18 months. The contract also included an option to extend the deal for another 12 months.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Petrofac Suspends Group Chief Operatin... (May 25)
 -  EnQuest On Track For Kraken First Oil ... (May 25)
 -  Energean Signs Lease Agreement for Exp... (May 25)
 -  Seadrill CEO Praises Workforce (May 24)
 -  Serinus Shuts-In Sabria Field Due to S... (May 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Junior-Level Mechanical HVAC Design / Energy Audit Engineer
Expertise: HVAC|Mechanical Engineering
Location: San Antonio, TX
 
Energy Engineer
Expertise: Mechanical Engineering
Location: Gainesville, FL
 
Electrician Apprentice 1st Year- Hobbs, NM Job
Expertise: Electrician
Location: Hobbs, NM
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours