Petra Energy buys work barge for RM42.3m


KUALA LUMPUR: Petra Energy Bhd is buying an accommodation work barge vessel for US$14.10mil (RM42.30mil) from Koi Marine Ltd.

It said on Thursday it had signed a memorandum of agreement with Koi Marine to purchase the vessel "Otto 3" which it had chartered for three years from Feb 24, 2010 to Feb 24, 2013.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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