Carimin Accepts LOA From Carigali Hess To Provide Two Supply Vessels

Quick Summary:

Carimin Petroleum Berhad announced that its wholly-owned subsidiary has accepted a Letter of Award (LOA) from Carigali Hess Operating Company Sdn.Bhd.to provide two units of Anchor Handling Tug and Supply Vessels.

The LOA does not require approval from the Company’s shareholders or any regulatory authorities.

However, the company anticipates that the LOA will contribute positively to the earnings of the CPB Group throughout the contract’s duration.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaHong Kong

Topics: News Carimin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 14:38:45 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 232 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Business Today

News ID: 27667140

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