Alam Maritim Bags EPCIC Contract from PETRONAS Carigali for TCOT Project



Alam Maritim Resources Berhad disclosed Tuesday that its wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd has recently received a Letter of Award from PETRONAS Carigali Sdn Bhd -- the upstream arm of Malaysia's national oil company Petroliam Nasional Berhad (PETRONAS) -- for the provision of engineering, procurement, construction, installation and commissioning (EPCIC) of a pipeline for the Terengganu Crude Oil Terminal (TCOT) project.

Under the contract, valued at $6.2 million (MYR 26 million), Alam Maritim will undertake EPCIC work for a 0.62 mile (1 kilometer) 10 inch pipeline for TCOT Effluent Discharge Line Extension Project, the firm said in a filing with local stock exchange Bursa Malaysia.

The company commenced work on the contract Oct. 8, with physical execution in March 2016 and completion targeted for end June 2016.



WHAT DO YOU THINK?


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