Carimin Petroleum Berhad has received an umbrella contract for provision of spot charter marine vessel services from Petronas Carigali Sdn Bhd (PCSB).

The award, secured by the Group’s wholly-owned subsidiary Carimin Sdn Bhd, would commence immediately and be effective for two years until 2017. Carimin is required to provide two types of vessel, namely the Anchor Handling Tug/Supply (AHTS) vessel and the workboat.

The contract has an option for a further one-year extension. The spot charter contract stipulates usage of the vessels by the client on demand within the contract period. “Securing this contract is significant for Carimin because it is the Group’s first contract to provide pure marine services, which is a positive step towards establishing this new earnings stream.

Tags: Carimin Petroleum Berhad, Petronas Carigalia