Latest Breaking News On - Dragon oil turkmenistan ltd - Page 1 : vimarsana.com
KUALA LUMPUR: Scomi KMC Sdn Bhd, a member of Scomi Group Bhd, has been awarded a contract worth RM2.1 billion by Petronas Carigali to supply drilling fluids, barite materials, equipment and services for a five-year period beginning March 1, 2013.This confirms an earlier report by The Edge weekly that Petronas Carigali has picked Scomi over a few international names to get the lion’s share of the five-year contract under the RM8 billion to RM10 billion Pan Malaysia mega tender.In an announcement to Bursa Malaysia yesterday, Scomi Group said the contract award is expected to contribute positively towards the earnings and net assets per share of the company for the five financial years ending March 31 2013 to 2018.In 2006, Scomi received a much smaller five-year drilling fluids contract worth US$500 million (RM1.55 billion) from Petronas.Scomi Group recently underwent a restructuring exercise which saw the disposals of its stakes in Scomi Oilfields Ltd, Scomi Sosma Sdn Bhd and Scomi KMC
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