ICON to provide vessels for Petronas

  • Business & Finance

ICON-bags-umbrella-deal-with-Petronas

Icon Offshore Berhad’s (ICON) subsidiary Icon Offshore Group Sdn. Bhd. has recently received a Letter of Award from PETRONAS Carigali Sdn Bhd (PCSB) for the provision of spot charter marine vessels (umbrella contract). 

According to ICON’s Bursa Malaysia filing, the umbrella contract period is effective immediately and it is for a primary period of two years with an extension option of one year. Furthermore, the contract was awarded through a competitive bidding process therefore the company says that its value is unascertainable.

Icon Offshore Group Sdn. Bhd. has been awarded six out of eight packages offered by PCSB under the umbrella contract which allows the company to provide marine vessels of following types: Anchor Handling Tug / Supply Vessel 60 MT, Straight Supply Vessel, Platform Supply Vessel, Utility Vessel, Workboat and Work barge.

ICON will provide the vessel, crew and associated equipment for a continuous 24-hour operation. Within the contract period, PCSB will be able to use the vessels on demand.

Offshore Energy Today Staff

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