Friday 29 Mar 2024
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KUALA LUMPUR (May 2): Icon Offshore Bhd has secured a contract worth RM12.7 million from Carigali Hess Operating Company Sdn Bhd.

In a filing to the stock exchange today, Icon Offshore said its unit Icon Offshore Group Sdn Bhd had been awarded a contract for the provision of one anchor handling tug supply via a letter dated April 5.

Icon Offshore said the contract shall be for a firm period of one year, with an extension option of three months.

It said the charter period for the first service order shall be for 180 days from May 15, 2019, the tentative commencement date, or on another date to be mutually agreed between the parties.

Icon Offshore said the contract was expected to contribute positively to its earnings for the financial year ending Dec 31, 2019 and beyond.

The stock was last traded at 10 sen with 1.89 million shares done in the morning session today.

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