KUALA LUMPUR, April 22 (Bernama) -- Handal Offshore Sdn Bhd, a wholly-owned subsidiary of Handal Resources Bhd, has been awarded an extension of the contract to provide crane rental for Petronas Carigali Sdn Bhd's domestic workover programme.
The contract, awarded by Alam Maritim (M) Sdn Bhd, a subsidiary of Alam Maritim Resources Bhd, is for 21 months starting April 12, 2011 to January 13, 2013.
There is also an option to extend for another year.
Prior to this, ExxonMobil also extended Handal Offshore's initial five-year contract by a year, following its expiration in April, Handal Resources said in a statement on Friday.
Handal Resources Chief Executive Officer and Managing Director Mallek Rizal Mohsin said the extension of contracts following one another, augured well for the group, as it was a vote of confidence in the offshore crane services it provided.
The workover programme job has contributed to the group's revenue, an average of RM11.5 million per annum, for the past three years.
The contract, awarded by Alam Maritim (M) Sdn Bhd, a subsidiary of Alam Maritim Resources Bhd, is for 21 months starting April 12, 2011 to January 13, 2013.
There is also an option to extend for another year.
Prior to this, ExxonMobil also extended Handal Offshore's initial five-year contract by a year, following its expiration in April, Handal Resources said in a statement on Friday.
Handal Resources Chief Executive Officer and Managing Director Mallek Rizal Mohsin said the extension of contracts following one another, augured well for the group, as it was a vote of confidence in the offshore crane services it provided.
The workover programme job has contributed to the group's revenue, an average of RM11.5 million per annum, for the past three years.
No comments:
Post a Comment