KUALA LUMPUR: TANJUNG OFFSHORE BHD [] has been awarded a contract worth RM27 million by Petronas Carigali Sdn Bhd for the provision of three units of offshore support vessels (OSVs) for up to two primary years.
In a statement Friday, Oct 21, Tanjung said its unit Offshore Services Sdn Bhd had been awarded the contract on Oct 20.
It said the contract for the three units of OSVs was for a primary period of between three months to two years effective October and November 2011, respectively.
'In the event the contract is renewed during the option period, the contract charters will be determined at the then charter rate,' it said.
Tanjung said the contract was expected to contribute positively to its earnings for the financial years ending Dec 31, 2011 to Dec 31, 2013.
In a statement Friday, Oct 21, Tanjung said its unit Offshore Services Sdn Bhd had been awarded the contract on Oct 20.
It said the contract for the three units of OSVs was for a primary period of between three months to two years effective October and November 2011, respectively.
'In the event the contract is renewed during the option period, the contract charters will be determined at the then charter rate,' it said.
Tanjung said the contract was expected to contribute positively to its earnings for the financial years ending Dec 31, 2011 to Dec 31, 2013.
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