Thursday 21 August 2008

Tanjung Offshore lands RM50m job from Murphy

Tanjung Offshore Bhd has secured a RM50 million contract to provide operations and maintenance support services for Murphy Sarawak Oil Ltd's oil and gas production operations in the country over a four-year period from August 2008.

The contract, awarded to its subsidiary Tanjung Offshore Services Sdn Bhd on Aug 14, would contribute positively to Tanjung's earnings and net assets for the financial years ending Dec 31, 2008 to 2012, the company told Bursa Malaysia yesterday.