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.

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Monthly Plan

RM 13.90/month

RM 11.12/month

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

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Annual Plan

RM 12.33/month

RM 9.87/month

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

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