Alam Maritim gets ExxonMobil extension

Kuala Lumpur: Offshore service provider Alam Maritime Resources has been awarded an extension of contract with ExxonMobil Exploration and Production Malaysia for the provision of an accommodation vessel.
 
The extension is for one year effective from February 1, 2014 and is valued at around RM58.8m.
 
Malaysian offshore prospects look strong for 2014 with local offshore operators awarded three times as many contracts last year over 2012 leading to soaring share prices, Kenanga Research said in a recent report. [05/02/14]

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