Tuesday, 13 March 2012

Ramunia secures RM23.6m contract for support structures

KUALA LUMPUR (March 13): RAMUNIA HOLDINGS BHD []’s unit has secured a RM23.62 million contract from Aquaterra Energy Ltd to fabricate two wellhead support structures.

It said on Tuesday, its unit Ramunia Fabricators Sdn Bhd had received the letter of award to fabricate two subsea structures, one topside structure and a boat landing site for the West Desaru project.

“The contract value is RM23.62 million and the target load out date of the works is July 31, 2012,” it said, adding the contract would contribute positively towards the earnings of Ramunia Fabricators for FY ending Dec 31, 2012.

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