KUALA LUMPUR, April 1 (Bernama) -- Alam Maritim Resources Bhd has secured a U$59 million (US$1=RM4.08) offshore pipeline contract from Vestigo Petroleum Sdn Bhd.
It said the contract was for an engineering, procurement, construction and installation of a pipeline system for the offshore Tembikai Non-Associated Gas development.
“The contract is from March 5, 2019 until the targeted completion date in the fourth quarter of the year,” it said in a statement today.
Alam Maritim said the duration of the contract was from March 5 until the completion of the work, which is targeted for completion in the fourth quarter this year.
“The contract is expected to contribute positively to the earnings and net tangible assets of the company for the financial year ending Dec 31, 2019,” it added.
KUALA LUMPUR, March 28 -- Bank Pembangunan Malaysia Bhd (BPMB) will provide all relevant support to its customers facing difficulties including granting a moratorium on repayments/payments of loans/financings for a period of six months.
KUALA LUMPUR, March 27 – Tenaga Nasional Berhad (TNB) has pledged RM150 million to support the government’s announcement of a tiered electricity rebate to assist affected Malaysians following the extension of the Movement Control Order (MCO) period until April 14.
KUALA LUMPUR, March 26 -- Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah has expressed confidence on the preparedness of Tenaga Nasional Bhd (TNB) in revving up its capacity to meet electricity supply demand in the Peninsula during the Movement Control Order (MCO).
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