Tanjung Offshore JV bags contract from Petronas Carigali

KUALA LUMPUR: T7 Global Bhd’s wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd and its consortium partner VME Process Systems Malaysia Sdn Bhd have secured a contract offshore Sarawak from Petronas Carigali Sdn Bhd.

The contract entailed the provision of leasing, operating and maintenance of a mobile offshore production unit for Bayan Redevelopment Project Gas Phase 2.

“The effective date of the contract is Feb 1, 2020 and the acceptance date is 27 months from the effective date. The time charter period is 10 years from the acceptance date,” said T7 Global in a filing to Bursa Malaysia today. – Feb 20, 2020, Bernama

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