KUALA LUMPUR: Alam Maritim Resources Bhd
said its jointly-controlled company Alam Radiance (L) Inc has signed a memorandum of agreement with Pacific Crest Pte Ltd to acquire a 402 men/100m accommodation work barge, Crest Station 3, for US$31.55mil (RM94.65mil).
In a filing with Bursa Malaysia, Alam Maritim said that upon delivery, Crest Station 3 was expected to serve a contract with Exxonmobil Exploration and Production Malaysia Inc. The contract with Exxonmobil Exploration was announced last Thursday.
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