T7 Global to operate mobile offshore production unit in Southern Gulf of Thailand

KUALA LUMPUR: T7 Global Bhd's wholly owned subsidiary Tanjung Offshore Services Sdn Bhd has entered into a contract with Busrakham G11 Ltd for the provision of leasing, operation and maintenance of a mobile offshore production unit in Nong Yao Field, in the Southern Gulf of Thailand.

It said in a filing with Bursa Malaysia the contract, with an estimated value of about RM400mil, was for a period of five years with an extension of two years.