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Carimin unit gets loan facility

KUALA LUMPUR: Carimin Petroleum Bhd’s unit Carimin Acacia Offshore Sdn Bhd, has accepted a RM70mil project financing facility from Malaysia Debt Ventures Bhd for part-financing an accommodation work boat.

Business

Dayang in shipbuilding deal

PETALING JAYA: Dayang Enterprise Holdings Bhd has entered into a shipbuilding contract for the construction and delivery of a unit of of an offshore accommodation workboat worth RM70mil.

Business

Perdana buys 2 work barges for US$84mil

KUALA LUMPUR: In a bid to grow its fleet, Perdana Petroleum Bhd has acquired two 500-men accommodation work barges (AWB) from Nam Cheong Ltd for US$84mil.

Business

Perdana Petroleum buys RM270m vessels

KUALA LUMPUR: Perdana Petroleum Bhd has acquired two accommodation work barges (AWB) from Nam Cheong Ltd for US$84mil (RM270mil), for delivery in 2016, with an option to acquire two additional units.

Corporate News

Alam Maritim get contracts extension to build RM75mil barge and tug

PETALING JAYA: Alam Maritim Resources Bhd has received a two-year extension to provide one accommodation barge and one anchor handling tug (AHT) to ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for a total contract sum of RM75.19mil.

Business

Alam Maritim signs charter deal

KUALA LUMPUR: Alam Maritim Resources Bhd#8217;s subsidiary, Alam Maritim (M) Sdn Bhd, has signed a charter party agreement with ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for the provision of an accommodation vessel and an anchor handling tug.

Business

Alam Maritim awarded RM70.52mil contract

PETALING JAYA: Alam Maritim Resources Bhd said its wholly-owned unit was recently awarded a contract extension valued at RM70.52mil for the provision of one unit accommodation work barge.

Business

Nam Cheong wins contracts from Perdana Petroleum

PETALING JAYA: Singapore-listed Nam Cheong Ltd, Malaysias largest offshore support vessel (OSV) shipbuilder, has won two contracts for the sale of two accommodation work barges (AWBs) worth a total of US$59mil to Perdana Petroleum Bhd.

Business

Tanjung Offshore wins RM11m job

Tanjung Offshore Bhd said its wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd (TOS) has won an RM11mil contract from Global Process Systems Sdn Bhd for the provision of accommodation facilities.

Business

Flextronics CSR starts at home

IT is not often that we hear of employers providing accommodation for its workers.