Samudra get Petronas project in Myanmar 东洋工程获国油2合约 处理缅甸探勘油管

After we feature  two Mynmar theme company. Tan Chong, Thai Beverage and F&N respectively. Another company, KEJURUTERAAN SAMUDRA TIMUR BERHAD get two contract from two subsidiary of Petronas : Petronas Carigali Myanmar Inc and PC Myanmar (Hong Kong) Limited respectively.

The project of 3 years for  provision of tubular handling and running services for drilling campaign.

 Petronas Carigali Myanmar Inc  and PC Myanmar (Hong Kong) Limited for onshore for offshore respectively.


Kejuruteraan Samudra Timur Berhad must get Bank Guarantee to Petronas Carigali Myanmar Inc and PC Myanmar (Hong Kong) Limited amounted to USD 82thousand (RM269.65 thousand) and USD44thousand (RM143thousand ) respectively within 30 days of the awards.

The contract relatively small. However, it is a good start in Myanmar. As Samudra in financial difficulties recently. It is not sure whether Samudra have problem in getting the bank guarantee.

Myanmar theme was recomended by Jim Roger.

Update : The Edge : KSTB bags contracts from PC Myanmar, Petronas Carigali
               Zhulian expects consumer goods exports to Thailand & Myanmar to boost sales
 Samudra Timur selling Samudra Oil Services for RM80m to Destini Berhad














东洋工程获国油2合约 处理缅甸探勘油管财经新闻 财经 2013-10-06 09:09
http://www.nanyang.com/node/569384?tid=462

（吉隆坡5日讯）东洋工程（SAMUDRA，7185，主板贸服股）宣布，获缅甸国油探勘（Petronas Carigali）和PC缅甸（香港）有限公司，分别颁发为期3年合约。
根据文告，东洋工程将为缅甸国油探勘和PC缅甸的钻探活动，提供油管处理和运行服务，其中缅甸国油探勘的钻探活动在岸内，而PC缅甸的则在岸外。
合约价值未定
东洋工程向马交所报备，相关服务的价值，取决于缅甸国油探勘和PC缅甸的需求和钻探活动阶段，因此，目前未能确定两项合约的价值。
根据文告，东洋工程必须在合约有效日期的30天内，向缅甸国油探勘提呈由银行发出、8万2000美元（26万965令吉）、有利于缅甸国油探勘的银行担保。
同时，也必须在向PC缅甸提呈由银行发出4万4000美元（14万30令吉）、有利于PC缅甸的银行担保。
两项合约将在现财年（截至2014年6月30日）为东洋工程带来进账。




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