ICON OFFSHORE BERHAD announced that its wholly-owned subsidiary, Icon Offshore Group Sdn Bhd secured two Offshore Support Vessel services contracts from Hibiscus Oil & Gas Malaysia Limited. The contracts involve the provision of platform supply vessels with crew and equipment for twenty-four (24) hour support services to the offshore construction and integrated well services scope.
ICON received the first work order award on 18 January 2023 followed by the second work order award on 17 February 2023. Both contracts commenced on 1 March 2023 and will utilise approximately 422 combined vessel days in total.
ICON’s Managing Director, YBhg. Dato’ Sri Hadian Hashim said, “The award of these contracts is testimony to ICON’s commitment to operational excellence, our competence and ability to deliver on client’s demands and requirements. These contracts will positively contribute to our earnings and strengthen our lead in the OSV segment.”
With all the other contracts in its order book, the group currently has RM600 million in total.
