Friday, October 8, 2010

Tanjung Offshore served with notice of claim for US$15.9m

KUALA LUMPUR: TANJUNG OFFSHORE BHD []'s unit Tanjung Kapal Services Sdn Bhd has been served with a notice of claim from Newfield Peninsula Malaysia Inc amounting to US$15.90 million.

It said on Friday, Oct 8 the notice of claim was for damages to pipeline allegedly caused by one of Tanjung Kapal's vessels at the East Belumut Field, PM 323, offshore Malaysia

'The said notice of claim amounted to approximately USD15.90 million and includes mainly costs associated with the repair and clean up of the alleged damage to pipeline,' it said.

Tanjung Offshore said its unit's insurers had been notified of Newfield's claim and had initiated a review of the claim and to look into'' the allegation against the affected vessel.

It added if the allegation was true, it was confident the claim would be settled amicably between Newfield and Tanjung.


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