Wah Seong bags RM73.9m Statoil contract
25 Jul 2016 / 05:39 H.
PETALING JAYA: Wah Seong Corp Bhd’s pipe coating unit has been further awarded a RM73.87 million contract from Statoil ASA Norway to provide pipe shipping and related services for the Johan Sverdrup Export Pipeline Project.
Last year, its unit clinched a RM165.8 million (US$39.5 million) contract from the Norwegian oil company for coating work for the same project.
The contract, involving shipping of pipes to a port in Norway and subsequent offloading, is expected to start in the second quarter of 2017 and be completed by the first quarter of 2018.