Perdana

Sources say UMW O&G is in talks to charter Perdana’s workboat for rm70 million. The contract is for two years with an option for one year extension.

The details should be finalized soon or within a couple of weeks for a contract to be drawn up.

The charter rate of rm70 million for two years work out to about USD29000 a day for the workboat.

The workboat is built in 2008 means that an immediate contract with UMW O&G augurs well for Perdana.

Details such as which oilfield UMW O&G plans to utilize the vessel for, remain unclear.