September 12, 2007
Boustead Penang books OSV orders
Malaysia's Boustead Penang Shipyard Sdn. Bhd. (formerly known as Penang Ship Building & Construction Sdn. Bhd.) today announced two contracts.
A $12.85 million contract with Sealink Sdn Bhd, Miri, Sarawak covers the construction of a 67 m dynamic positioning anchor handling tug supply vessel, while a contract with Tanjung Offshore Services Sdn Bhd, Kuala Lumpur, covers construction, commission, testing and delivery of a 60.8 m well testing and servicing vessel along with the machinery, equipment, tools and any other materials to be incorporated in the vessel.
The well testing vessel total contract value is RM 47.8 million ($13.6 million).