KUALA LUMPUR (March 6): SAPURACREST PETROLEUM BHD [] has secured a US$54 million contract from Petronas Carigali Sdn Bhd to provide a tender rig including a mobilisation fee.
The company said on Tuesday the contract was for 12 months starting April 1 with an option to extend for another 12 months.
“The award of the contract will have no effect on the issued and paid-up capital of the company and is expected to contribute positively to the group earnings and net tangible assets for the financial year ending 2013,” it said.
The company said on Tuesday the contract was for 12 months starting April 1 with an option to extend for another 12 months.
“The award of the contract will have no effect on the issued and paid-up capital of the company and is expected to contribute positively to the group earnings and net tangible assets for the financial year ending 2013,” it said.
