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KUALA LUMPUR, Sept 11 -- Icon Offshore Bhd's (Icon) wholly-owned subsidiary, Icon Offshore Group Sdn Bhd (IOGSB), has bagged a contract valued at RM25.6 million from Petronas Carigali Sdn Bhd to supply an offshore support vessel.
In a statement today, the company said IOGSB accepted the two-year contract effective Aug 16, 2019 and the commencement date of the contract was on Aug 17, 2019.
It said the award is expected to contribute positively to the earnings and net assets of Icon for the financial year ending Dec 31, 2019 and beyond.
"We hope to secure more contracts by delivering value-added services to our clients and the market.
“Contract wins such as this continue to bolster the company’s credentials as Malaysia’s largest Offshore Support Vessel provider,” said Icon Offshore managing director Datuk Seri Hadian Hashim.
Year to date, the company has secured eight contracts worth RM174 million inclusive of an extension period.
KUALA LUMPUR, Sept 17 -- Maybank Investment Bank Bhd maintained a "positive" call on the oil and gas (O&G) industry despite the weekend's attack on Saudi Arabia's oil facilities which saw the oil price spike more than 20 per cent overnight.
KUALA LUMPUR, Sept 17 (Bernama) -- Malaysian Gas Association (MGA), the nation’s lead advocate for the natural gas industry, recognises natural gas as the perfect partner to renewable energy (RE), playing a vital role in driving RE growth in Malaysia.
By Nurul Hanis Izmir
KUALA LUMPUR, Sept 16 -- National Automotive Policy (NAP) 2019 to be launched soon, will be implemented in three phases till 2030 and it will also include efforts to make Malaysia a hybrid and energy-efficient vehicle (EEV) manufacturer, says Automotive, Robotic and IoT Institute (MARii) chief executive officer Datuk Madani Sahari.
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