T7 Global Mopu ventures into Thailand


PETALING JAYA: T7 Global Bhd’s wholly owned subsidiary, Tanjung Offshore Services Sdn Bhd, has entered into a contract with Busrakham G11 Ltd for the provision of leasing, operation and maintenance of a mobile offshore production unit (Mopu) in the Nong Yao Field, in the Southern Gulf of Thailand.

In a filing with Bursa Malaysia yesterday, T7 Global noted the contract, with an estimated value of about RM400mil, was for a period of five years with an option to extend for two years.

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