Charisma Energy Services said it has secured a 7-year contract with a value of US$72 million ($90 million) to provide a fleet of five offshore support vessels to support the marine and oil & gas activities of a Middle Eastern national oil company in the Arabian Sea.
The project will be funded through internal resources as well as bank borrowings and is expected to commence in 3Q2014. The Project is expected to have a positive impact on the Group’s earnings per share and net tangible asset per share for the financial year ending 31 December 2014.
No comments:
Post a Comment