Malaysia: Handal Wins 5-year Crane Contract with ExxonMobil

OE Staff
Friday, June 25, 2021

Malaysian offshore services provider Handal Energy has been awarded a crane services contract with ExxonMobil in Malaysia.

Under the contract,  Handal Energy's subsidiary Handal Cranes will provide crane operation and maintenance services.

The contract is for five years, effective from June 14, 2021, until June 14, 2026.

"The Contract secured does not have any specified value as it is on a call-out basis whereby work order will be issued at the discretion of [ExxonMobil ] based on a schedule of activities throughout the duration of the contract," Handal Energy said Thursday.

According to ExxonMobil website info, in Malaysia, the company operates under four production sharing contracts (PSCs) with the Malaysian national oil company, Petronas, and produces around one-fifth of the country's oil production and about one-half of natural gas supplies to Peninsular Malaysia.

Categories: Energy Engineering Industry News Activity Asia Cranes

Related Stories

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

HydroWing Inks Deal with PLN for Indonesia’s First Tidal Energy Plant

BP’s Profit Drops 30% to Almost Four-Year Low

Current News

Key Strategies to Strengthen Maritime Cyber Security

Angola Outlines Plans for Multi-Year Oil and Gas License Rounds from 2026

Beating the Heat: R.W. Fernstrum & Company Turns 75

Vårgrønn Enters German Offshore Wind Market with Baltic 2 Acquisition

Subscribe for OE Digital E‑News