Malaysia: Petronas Hires Tanjung Offshore’s OSVs

Tanjung Offshore Bhd (Tanjung)’s wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd (TOS) has been awarded a contract from Petronas Carigali Sdn Bhd for the provision of three units of offshore support vessels.

In a filing to Bursa Malaysia today, it said the total charter contract of up to two primary years is valued at approximately RM27 million and is expected to contribute positively to its earnings and net assets for the financial years ending Dec 31, 2011 to Dec 31, 2013.

Source: Bernama

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Source:Bernama , October 21, 2011; Image: Tanjung Offshore