Contract Win
27 April 2009 - 9:30AM
UK Regulatory
TIDMPOGL
RNS Number : 1890R
Plant Offshore Group Ltd
27 April 2009
Plant Offshore Group Limited
("Plant Offshore" or the "Company")
Contract win
Plant Offshore is pleased to announce a contract win worth a fixed fee of
RM7,581,950 (circa GBP1.43m). The contract has been awarded by Oilfab Sdn Bhd,
one of six local fabricators licensed by Petronas, the national oil company of
Malaysia and is for the technical management, engineering and procurement work
on a topsides and offshore hook-up and commissioning wellhead platform project.
The contract has commenced and is expected to conclude by July 2010.
This takes the total value of new contract wins since the start of this
financial year to RM11,541,950 (circa GBP2.18m).
Hang Chin Juan, CEO, commented: "We are delighted to have won this sizeable and
competitive contract which illustrates the strong demand for our EPCM services.
In addition to the other new business that we have won since the beginning of
the year, the Company remains confident that it can maximise its significant
experience and technical knowledge to secure further contracts in the near
future."
For further information:
+--------------------------------------+--------------------------------------+
| Plant Offshore Group Limited | |
+--------------------------------------+--------------------------------------+
| Mr. Hang Chin Juan, CEO | Tel: +603 7805 5001 |
+--------------------------------------+--------------------------------------+
| | |
+--------------------------------------+--------------------------------------+
| HB Corporate Limited | |
+--------------------------------------+--------------------------------------+
| Luke Cairns | Tel: +44 20 7510 8600 |
+--------------------------------------+--------------------------------------+
| | |
+--------------------------------------+--------------------------------------+
| Threadneedle Communications | |
+--------------------------------------+--------------------------------------+
| Josh Royston / Graham Herring | Tel: +44 20 7653 9850 |
+--------------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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