Wednesday 4 July 2012

Perdana Petroleum subsidiary gets Murphy contract worth RM86m

Perdana Petroleum Bhd’s subsidiary has secured a contract worth RM86 million from Murphy Sabah/ Sarawak Oil Co Ltd (Murphy) to supply one anchor handling tug supply vessel.

The company said on Thursday that the contract secured by Perdana Nautika Sdn Bhd was to support Murphy’s 2012/2014 Shallow Water Drilling Programme.

It said the contract was for a period of two years with an extension option of an additional year, effective from 27 June 2012.

Perdana Petroleum said the contract was expected to its earnings for the financial year ending Dec 31, 2012 and the financial periods thereafter for the duration of the Contract