Tanjung Offshore Bags $66.8M Deal from PETRONAS Carigali Work Off Sarawak

Tanjung Offshore Berhad disclosed Tuesday that its wholly-owned subsidiary, Tanjung Offshore Services Sdn Bhd bagged a contract from PETRONAS Carigali Sdn Bhd (PCSB) for work offshore Sarawak, Malaysia, the company said in a filing on local stock exchange Bursa Malaysia.

The Construction Work Request (CWR) contract for PETRONAS Carigali SKO (Sarawak Operations) is valued at approximately $66.8 million (MYR 250 million) and will run for two years from Jan. 15, with PCSB holding an option to extend the contract for an additional one year period to Jan. 15, 2018.

PCSB is the upstream arm of Malaysia's national oil company Petroliam Nasional Berhad (PETRONAS).

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