Jasa Merin Bags Contract from Vestigo for Malaysia's Tembikai Field Project

Malaysia's SILK Holdings Bhd's (SHB) subsidiary Jasa Merin (Malaysia) Sdn Bhd (JMSB) bagged Wednesday a contract from Vestigo Petroleum Sdn Bhd (VPSB) to provide marine vessel services to support the latter's drilling program and production at the Tembikai Field Development, located approximately 93 miles east of Terengganu, offshore Peninsular Malaysia.

The Vestigo contract, commencing from the third week of June, is for a primary term of two years.

SHB indiacted that the contract is worth around $5.9 million (MYR 21.7 million) for the primary term, the company said in a filing with local stock exchange Bursa Malaysia.



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
 -  Eni: Oil, Gas Discovery in Norwegian S... (Jan 17)
 -  Tullow Finds Oil in Kenyan Erut-1 Well (Jan 17)
 -  Utgard, Byrding Field Development Plan... (Jan 17)
 -  E&P Consultants Earning 27% Less than ... (Jan 17)
 -  Hurricane Spuds North Sea Halifax Well... (Jan 16)


Most Popular Articles

From the Career Center
Jobs that may interest you
Electro-Motor Mechanic
Expertise: Electrical Technician|Mechanical Technician
Location: Beaumont, TX
 
Electro-Motor Mechanic
Expertise: Electrical Technician|Mechanical Technician
Location: La Porte, TX
 
Electrical Design Engineer - Downhole Tools
Expertise: Design Engineer|Electrical Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.86/BBL 0.73%
Light Crude Oil : $52.64/BBL 0.51%
Natural Gas : $3.42/MMBtu 0.00%
Updated in last 24 hours