Coastal Contracts unit bags RM1.24b job from Mexico


KUALA LUMPUR: Coastal Contracts Bhd's unit Thaumas Marine Ltd has secured a RM1.24bil charter contract for a jack-up gas compression service unit from a group of Mexican companies.

It said on Monday the contract is for eight years with extension option up to 12 years. The contract is expected to start by the second half of 2015.

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