The Kuala Lumpur-listed firm is upgrading its yard on Pulau Indah and has already bid for a charter contract, its general manager marine says.
TTHE is confident of landing the deal with a decision expected by the end of the first half of the year, Zainol Abiddin Johari said.
“Our venture into FPSO is very important as it will allow us to have a more sustainable and persistent cash flow due to the long-term contract tenure of around 10 years,” he told the New Straits Times.
“Right
