EA Technique wins RM690mil contract

  • Business
  • Thursday, 19 Feb 2015

KUALA LUMPUR: E.A. TECHNIQUE (M) BHD has secured a US$191.8mil (about RM690mil) contract to provide a floating storage and offloading (FSO) facility for a project in the North Malay Basin.

It said yesterday that the contract would see it providing engineering, procurement, construction, and installation and commissioning of a FSO facility for a full field development project.

EA Technique had received the letter of award on Dec 22, 2014 and the contract was signed on Feb 13. The contract is for 20 months.

Work started on Dec 22 and will be completed on Aug 22, 2016.

It did not disclose the name of the company which awarded the contract.

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