| Work Detail |
Malaysian offshore service provider EA Technique has secured contract extensions with Petronas for work on its floating LNG facility, the PFLNG 1.
These contracts, valued at a total of RM63.9m ($14.1m), were won by EA Technique’s wholly-owned subsidiary Libra Perfex Precision.
One of the deals was an RM41m ($9.16m) contract extension for tugboat services. The two other contracts, worth RM22.9m in total ($4.9m), are for the extension of emergency standby vessel services at PFLNG 1.
The three contracts, each with a two-year term, start in November 2024. The company will deploy its existing vessels to fulfil these contracts.
To date, EA Technique’s firm order book stands at RM169.5m ($37.9m), complemented by optional contracts valued at RM217.2m ($48.5m). |
