Alam Maritim to provide underwater services for Sapura OMV

Alam Maritim Resources has been awarded a contract for the provision of underwater services for Sapura OMV Upstream.

The contract is valued at approximately $1,5 million, the company said.

The contract expected to begin in June 2020 and last until July 2020.

It is expected to contribute positively to the earnings and net tangible assets of ALAM.

The company did not disclose which assets will be used for the job, nor the location of the project.