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Top News In Coastal Contract Today - Breaking & Trending Today

FBM KLCI looks set to extend losses

KUALA LUMPUR: The FBM KLCI looks poised to extend its decline for a sixth straight session as it ended the morning session in negative territory. ....

Kuala Lumpur , Hong Kong , Tenaga Nasional , Hong Leong Bank , Public Bank , Bursa Malaysia , Leong Bank , Coastal Contract , Icon Offshore , South Korea , Hang Seng , Hang Seng Tech Index , Fbm Klci ,

Market stays flat as OPR jitters continue

KUALA LUMPUR: The FBM KLCI ended the morning on a flat note after investors were quick to take profit from an early morning rally. ....

Kuala Lumpur , Tenaga Nasional , Bank Negara , Hong Leong Bank , South Korea , Hang Seng , Sime Darby , Coastal Contract , Bursa Malaysia , Fbm Klci ,

Coastal Contracts banks on Mexico

COASTAL Contracts Bhd’s foray into Mexico is bearing fruit. In February last year, the oil and gas (O&G) outfit bagged its first onshore gas sweetening plant in Mexico, known as the Perdiz Plant, via its 50% joint venture Coastoil Dynamic SA de CV (CDSA) for the Ixachi gas field from Pemex the state-owned petroleum company worth RM258.7 million. The project includes engineering, procurement and construction (EPC) of a plant with a capacity of 80 million standard cu ft per day (MMSCFD), as well as 32 months of operation and maintenance contract. ....

Grupo Empresarial Alfair , Perdiz Plant , Coastoil Dynamic , Coastal Contracts , Kong Wei Ket , Coastal Contract , Sean Lim , Coastal Contract Mexican ,

Coastal Contracts consortium bags RM4.5bil Mexican gas conditioning plant award

KUALA LUMPUR: Coastal Contracts Bhd has announced that a consortium led by its joint venture company Coastoil Dynamic SA De DV has entered into a service agreement with Pemex Exploracion and Produccion to undertake an onshore gas conditioning plant project, with a contract value of about RM4.5bil. ....

Kuala Lumpur , Tierra Balanca , Chin Heng , Petroleos Mexicanos , Pemex Exploracion , Coastal Contracts , Coastoil Dynamic , Corporate News , Coastal Contract , Emc Papan ,

Coastal Contracts ventures into liftboat charter business

KUALA LUMPUR (Feb 2): Coastal Contracts Bhd is venturing into the chartering of liftboats self-propelled, multifunctional, self-elevating platform-based vessels with large open decks to support various offshore maintenance and construction works via the acquisition of a Singaporean firm.
According to a Bursa Malaysia filing, Coastal Contracts unit Coastal Drilling Pte Ltd (CDPL) and its strategic business partner JUB Pacific Pte Ltd have acquired stakes of 80% and 20% respectively in Elite Point Pte Ltd (EPPL) for S$8,000 (RM24,318.31) and S$2,000.
Upon the completion of the Acquisition by CDPL and JUB, EPPL shall increase its issued and paid-up capital by US$1 million, of which US$800,000 (RM3.24 million) will be subscribed by CDPL and the remaining US$200,000 will be subscribed by JUB. The eventual shareholdings of the parties in EPPL shall remain at 80% and 20% respectively, it said. ....

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