KTSB wins Carigali Hess contract


  • Business
  • Friday, 25 May 2012

KUALA LUMPUR: Kejuruteraan Samudra Timur Bhd (KSTB) has secured a contract by Carigali Hess Operating Company Sdn Bhd projected to be worth US$6mil.

In a filing with Bursa Malaysia, KSTB said the contract was for the provision of directional casing while drilling services for a period of three years with an extension option up to two years.

“Based on the performance bond required for the contract, the projected value of the contract is about US$6mil,” KSTB said.

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