Kencana to Supply Offshore Vietnam Support Vessel

Kencana Nautilus has secured a service contract for the provision of offshore support vessel.

The contract comprises the scope of providing an offshore support vessel for the purpose of assisting and servicing drilling rigs, offshore installations, derrick barges, diving vessels and other crafts, including anchor handling services off the coast of Vietnam. The project owner and the end user of the vessel is Petronas Carigali Vietnam Limited, an oil & gas joint-venture operating company based in Ho Chi Minh City. The Contract is awarded for one year with an option to extend for another one year period. It is estimated the value of the Contract for the two year duration to reach RM33 million.