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Tuesday, 12 October 2010

Dialog Group secures RM60.6m Petronas Carigali contract

DIALOG GROUP BHD subsidiary, Dialog E&C Sdn Bhd has secured a RM60.66 million contract to build and commission a new condensate tank and associated facilities at Bintulu crude oil terminal.

Dialog said the contract was awarded by Petronas Carigali Sdn Bhd.

”The project will increase Dialog group’s order book of engineering, CONSTRUCTION, maintenance and fabrication projects in Malaysia and regional countries,” it said.

The company added the contract was also in line with its strategy to become a global provider of integrated specialist technical services as well as centralised tankage facility, engineering, construction, maintenance and fabrication services to the oil, gas and petrochemical industry.

Dialog said it would finance the working capital for the project from its own funds and/or bank borrowings.