IEV Holdings says its 30%-owned subsidiary, IEV (Malaysia) Sdn Bhd, had recently secured a supply and installation contract worth RM262 million ($107.4 million) from a major oil and gas operator in Southeast Asia.
Under the contract, IEV (Malaysia) will work with a US engineering company to provide engineering, fabrication, delivery, installation and commissioning of a wellhead platform, procurement and installation of a new pipeline, and host tie-in to existing offshore production facilities.
The project is scheduled to start in December 2011 be completed by the end of 2012.
Monday, December 19, 2011
IEV Holdings wins $10.4m contract
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