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Alam Maritim extends barge contract with ExxonMobil

Alam Maritim extends barge contract with ExxonMobil
Malaysia-based Alam Maritim Resources has won a contract extension from ExxonMobil Exploration and Production Malaysia Inc on an accommodation barge.

The extension of the contract has been effective from 1 February for a period of 12 months at a value of approximately MYR58.8m ($17.69m).

“The contract is expected to positively contribute to the earnings and net assets of Alam Maritim for the financial year ending 31 December 2014,” the Kuala Lumpur-listed offshore services firm said.

TAGS: Offshore