KUALA LUMPUR: TANJUNG OFFSHORE BHD []'s unit has received a RM15 million contract to provide valve repair and maintenance services for Murphy Sarawak Oil Co. Ltd.
It said on Wednesday, April 27 its unit Tanjung Maintenance Services Sdn Bhd's contract was effective from March 2011 to March 2014 with options to renew for another two years.
'In the event the contract is renewed for another two years, the contract costs will be determined at the then costs/prices,' it said.
Tanjung Offshore said the contract was expected to contribute positively to its earnings and net assets for the financial years ending Dec 31, 2011 and beyond.
It said on Wednesday, April 27 its unit Tanjung Maintenance Services Sdn Bhd's contract was effective from March 2011 to March 2014 with options to renew for another two years.
'In the event the contract is renewed for another two years, the contract costs will be determined at the then costs/prices,' it said.
Tanjung Offshore said the contract was expected to contribute positively to its earnings and net assets for the financial years ending Dec 31, 2011 and beyond.
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