Scomi Energy secures marine contracts from clients in RI

By Romel S. Gurky

Malaysia?s Scomi Energy Services Bhd said its marine services unit has secured contracts worth more than RM140 million in the last four months from within the region.

The contracts are for the transportation of coal and provision of offshore vessel services to clients in Indonesia, Malaysia and Thailand.

"Our target market will remain the Southeast Asian region with Malaysia and Indonesia as the key locations for our coal logistics operation," Scomi Energy's President, Marine Services, Mukhnizam Mahmud said on Monday in a statement.

He said demand for coal from Malaysian coal-powered power plants is expected to increase over the next few years, in line with the projected increase in total electricity generated for the country.

"We plan to continue bidding for more affreightment contracts to maximize the utilisation rates of our vessels as the region still presents good opportunities for the business," he said.

For the offshore services unit, which provides vessel services to the oil and gas industry, the company is actively bidding for work in India, Myanmar, Indonesia, Malaysia and the Middle East.

Editing by Reiner Simanjuntak