KUALA LUMPUR (March 14): Oil-and-gas services firm Icon Offshore Bhd said on Thursday it has secured a contract to provide an accommodation workboat to Petrolanpan Sdn Bhd for an undisclosed amount.
The contract will span 45 days, with the option to extend for an additional 15 days, Icon Offshore stated in a statement. The accommodation workboat, Icon Kayra, has been selected by Petrolanpan for hook-up and commissioning work activities.
“We are optimistic about Icon Offshore’s prospects for the rest of the year,” said Icon Offshore managing director Datuk Sri Hadian Hashim.”
The latest agreement “demonstrates our ability to secure strategic partnerships and underscores our commitment to delivering value to our stakeholders,” he added.
At the time of writing, shares in Icon Offshore traded higher by one sen or 1.7% at 61 sen, valuing the company at RM330.4 million.