Icon Offshore secures US$9.6mil contract from ConocoPhillips Sarawak


KUALA LUMPUR: Icon Offshore Bhd has secured a contract worth US$9.6mil from ConocoPhillips Sarawak Limited and Conocophillips Sarawak Oil Limited (collectively Conocophillips Sarawak) for the provision of a jack-up rig.

In a filing with Bursa Malaysia, Icon Offshore said ConocoPhillips Sarawak had on Dec 23, 2021 issued a letter of award to I Oilfield Services Sdn Bhd (IOSSB) for the provision of a jack-up rig to drill three wells plus one well which is expected to commence in the 2nd quarter of 2022.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

WCE Holdings sees potential benefits from proposed Southern Link extension
SunCon 2Q net profit rises 24%, order book hits record RM10.5bil
Prolintas Infra BT 2Q net profit rises 13%, declares 3.18 sen distribution
KLK hit by RM1.6bil impairment, swings into 3Q26 loss
Guan Chong 2Q net profit surges fivefold to RM253mil
Sunzen shareholders approve changes to Ecolite, Yanming acquisition terms
Ringgit ends lower against greenback amid economic D-Day uncertainty
Zetrix AI eyes organic growth through blockchain, AI initiatives
Sorento Capital to transfer to Main Market on Aug 28
Geohan wins RM37mil high-rise job from Chin Hin Property

Others Also Read