Icon Offshore secures workboat charter contract

PETALING JAYA: Icon Offshore Bhd, via its wholly-owned subsidiary Icon Offshore Group Sdn Bhd, has executed a letter of award and a charter party agreement (CPA) with Petrolanpan for the provision of one accommodation workboat (AWB) for hook-up and commissioning work activities.

In a filing with Bursa Malaysia, Icon said the provision of service will commence immediately upon completion of the AWB’s pre-hire inspection.

The value of the contract is in accordance with the CPA. The contract primary period is for 45 days from the commencement date with the option to extend for 15 days.