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
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