Petronas subcontracts ALAM for FLNG mooring system installation

  • Business & Finance
Petronas FLNG hull launched in South Korea in 2014
Petronas FLNG hull launched in South Korea in 2014

Alam Maritim Resources Berhad (ALAM) has recently entered into a Subcontract Form of Agreement with Petronas.

In its Bursa Malaysia filing, ALAM said it has been awarded by Petronas Floating LNG 1 (L) Ltd (PFLL) a subcontract works for the engineering, procurement, installation and related activities for the floating liquefied natural gas (FLNG) Offshore Works – Mooring System Installation.

The company further said that the contract is worth RM49.0 million ($13.1 million).

According to ALAM, the duration for subcontract works is from May 20, 2015 until September 15, 2015.

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