Scomi secures $22.9m contract from Virginia Indonesia

Monday, January 13 2014 - 10:37 AM WIB

Malaysian firm Scomi Energy Services Bhd has secured a RM75 million (US$22.9 million) contract from Virginia Indonesia Co for the provision of solids control equipment and environmental handling services for a period of 36 months, news agency Bernama said on Monday.

Chief Executive Officer, Shah Hakim Zain, said Scomi Energy's working relationship with Virginia Indonesia, which has spanned over 15 years, was testament to the latter's continued confidence in the company's capabilities.

"We have identified Indonesia as one of our key markets along with Malaysia, Thailand, Myanmar, Turkmenistan and the Middle East region.

"Our strategy to focus on the Eastern Hemisphere is bearing fruit as the current outlook for these countries is highly positive with heightened activities in oil and gas exploration," he said.

Scomi Energy said in addition to recent Petronas contract in Myanmar worth over RM90 million, its order book now has exceeded RM5.2 billion. (*)

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