Monday, October 4, 2010

Kencana units secure RM30.7m contracts

KUALA LUMPUR: KENCANA PETROLEUM BHD []'s two units have secured two contracts worth RM30.7 million.

It said on Monday, Oct 4 the first contract was from Newfield Peninsula Malaysia Inc. to build the jackets for wellhead platform and central processing platform for PM329 East Piatu Development Project off Peninsular Malaysia. The contract is valued at RM21.6 million.

It also said another unit had secured a contract from Lynas Malaysia Sdn Bhd to supply and install carbon steel and stainless steel tanks on full turn-key basis for Tank Package 3 under Lynas Advanced Materials Project. The contract is valued at RM9.1 million

Both contracts are expected to be delivered within the first quarter of 2011.


No comments:

Post a Comment