Dialog Group Bhd's unit, Dialog Jubail Supply Base Company Ltd, has secured a RM17 million logistic services contract from Snamprogetti Saudi Arabia Co Ltd.
In an announcement to Bursa Malaysia, it said the contract involved the utilisation of its base services to assist in the movement of cargo to offshore work site for the Saudi Aramco Wasit Gas Development-Hasbah Offshore Facility in Saudi Arabia.
Dialog's has invested about RM93.5 million in the Jubail supply base which serves as a one-stop integrated offshore logistic hub and resources centre for oilfield services, equipment and supplies, supporting the active and growing offshore oil and gas activities in the Arabian Gulf.
"With the securing of the contract and several enquiries from potential customers, Dialog is optimistic Jubail Supply Base will contribute positively to the group's results," it said. -- Bernama
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jolly Mypet
more contracts to come soon and on going !
2012-06-13 19:48