Petrofac Ltd : Petrofac awarded US$1.3 billion project in Kuwait . Awarded a contract for Kuwait Oil Company's (KOC) gathering centre project, GC 32, located in Burgan oil field, South East of Kuwait .Work will begin shortly and is scheduled to be completed in mid 2020.
Perdana Petroleum Bhd :Unit accepted letter of award from Petronas Carigali Sdn Bhd for provision of spot charter marine vessels services on 17 March.
Iev Holdings Limited : Iev Receives Loa To Provide Thermoplastic Coating Services . Company through iev malaysia sdn bhd received a letter of award . Contract expected to have a positive impact on earnings per share of group for current financial year ending 31 december 2017 . Loa for a contract to provide corrosion inhibiting spray-on thermoplastic coating services for an established oil and gas operator in malaysia .Group has acquired exclusive rights to distribute, apply and maintain products utilising oxifree coating in vietnam, malaysia, brunei, indonesia and india from oxifree global llc.
Uzma Bhd - : Uzma awarded Petronas Carigali Sdn. Bhd.s fishing services contract . Contract will run for a duration of two years . "Company Expect The Contract To Contribute Positively To Its Future Earnings" .Contract will not have material effect on earnings and net asset of uzma group for financial year ending 31 December 2017 until specific work order is issued.
Alam Maritim Resources Bhd : Alam Maritim Sdn Bhd awarded a contract for the provision of subsea inspection, maintenance and repair services . The contract is not expected to have any material effects on the share capital and shareholding structure of the company . Contract is for a value of up to approximately 99.0 million rgt .Contract is expected to contribute positively to earnings and net tangible assets of alam for fy17 and beyond.
Magseis ASA : Enters into letter of intent (LoI) for potential charter of vessel and lease . Says operational performance continues to be strong . Expects that Q1 2017 revenues will be at least in line with Q4 2016 . Backlog amounts to more than $65 million for 2017 .Will consider potential equipment financing in their evaluation of alternatives.
Worleyparsons Ltd : PMC services contract award by Manaseer Group .Will provide project management consulting services for greenfield integrated potash and phosphate fertilizer complex in Jordan.
TechnipFMC PLC : TechnipFMC awarded an onshore contract in Ghana . Awarded a contract by Eni Ghana E&P Limited (a subsidiary of Eni, GNPC and Vitol), for onshore part of OCTP development of Sankofa field .Project is scheduled for completion by mid-2018.