Marine & General Berhad (M&G) announced on Friday that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd (JMM), has been awarded a contract by Murphy Sarawak Oil Co Ltd (Murphy), for the provision of two Anchor Handling Tug Supply (AHTS) Vessels (60MT) for Murphy’s Sarawak Production Operations to support Murphy's operations.

Marine & General Bhd secures RM48m contract for the supply of two vessels
Caption: Offshore Tug/Supply Ship JM Cekal

Duration of contract:

The contract for the 2 AHTS, the first of which commenced on 1 August 2018 and the other expected to commence by end August 2018 respectively, is for a primary duration of three years with two options for Murphy to extend for an additional one year (i.e. 3 years primary + 1 year optional + 1 year optional).

Source: M&G