Icon secures OSV contract from Hibiscus

PETALING JAYA: Icon Offshore Bhd’s wholly-owned subsidiary, Icon Offshore Group Sdn Bhd, has secured two offshore support vessel or OSV services contracts from Hibiscus Oil & Gas Malaysia Ltd.

In a statement, the group said the contracts involved the provision of platform supply vessels with crew and equipment for 24-hour support services to the offshore construction and integrated well services scope.

Icon received the first work order award on Jan 18, 2023, followed by the second work order award on Feb 17, 2023.

Both contracts commenced on March 1, 2023 and will utilise approximately 422 combined vessel days in total.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

IconOffshore , Hibiscus , contract , vessel


Next In Business News

CPO futures expected to trade lower next week
Short Position: Stockbroking challenge, Earnings drag, How low can you go?
Expansion of M’sian builders overseas – strategy and necessity
Ringgit to recover on investor confidence
Easing residential overhang
How to correct global imbalances?
Are we targeting subsidies right?
MAHB to ‘clean house’ at Malaysia airports
Alliance, CGC allocate RM1bil for MSMEs
Workplace stress and anxiety

Others Also Read