Tanjung Offshore Bhd ... Nov 2008

Tanjung Offshore would continue to expand its business and bid for contracts locally and abroad, he said.

In the last six months (March – Nov 2008), Tanjung Offshore had clinched major deals such as the RM41mil job for the provision of engineering equipment awarded by Malaysia Marine and Heavy Engineering Sdn Bhd, a RM50mil contract for the provision of maintenance and support services from Murphy Oil and a RM30mil order from Petronas Carigali Sdn Bhd. The projects are expected to last between six months and four years.
On expansion plans. about RM200mil will be invested to expand its existing fleet over the next 12 months.

Tanjung Offshore is also expanding its maintenance services business by setting up a fifth workshop. It currently operates four workshops in Kemaman and Teluk Kalong in Terengganu, as well as in Miri and Labuan in east Malaysia.