Alam Maritim bidding for RM1.2b oil and gas jobs

?The proposed project, if materialised, could provide Tan Chong Motor with opportunity to expand its foothold in the automotive industry in Vietnam,? the company said in a filing with Bursa Malaysia last Friday

KUALA LUMPUR: Offshore support vessels (OSV) and sub-sea services provider, Alam Maritim Resources Bhd is bidding for oil and gas (O and G) related projects worth RM1.2 billion, said Group Chief Executive Officer Datuk Azmi Ahmad.

He said the success rate for the contracts, comprising offshore installation and construction (OIC), OSV, and inspection repair maintenance of underwater facilities (IRM), would be between 10 per cant and 15 per cent after taking into account the current market condition. - Bernama