Ocean Vantage bags jack-up rig drilling contract

KUALA LUMPUR: Ocean Vantage Holdings Bhd has secured a contract from Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Limited (SSPC) for the provision of a jack up drilling unit for 2024 to 2026 campaign.

In a filing with Bursa Malaysia, Ocean Vantage said its wholly-owned subsidiary, Ocean Vantage Engineering Sdn Bhd (OVE) accepted the contract from SSB and SSPC.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Business News
Standard Chartered sees Malaysia’s 2026 GDP growth at 4.5%
Asian bonds draw strong foreign inflows in December
Malaysia’s auto market maintains momentum with 820,752 units sold in 2025
China to play 'stabilising' role in Davos
Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday
CIMB Thai posts RM293mil net profit in FY25
Reservoir Link Energy unit secures work order from Roc Oil Sarawak
KKB Engineering bags six contracts valued at RM80mil

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.