Petronas subcontracts ALAM for FLNG mooring system installation

Petronas FLNG hull launched in South Korea in 2014
Petronas FLNG hull launched in South Korea in 2014

Alam Maritim Resources Berhad (ALAM) has recently entered into a Subcontract Form of Agreement with Petronas.

In its Bursa Malaysia filing, ALAM said it has been awarded by Petronas Floating LNG 1 (L) Ltd (PFLL) a subcontract works for the engineering, procurement, installation and related activities for the floating liquefied natural gas (FLNG) Offshore Works – Mooring System Installation.

The company further said that the contract is worth RM49.0 million ($13.1 million).

According to ALAM, the duration for subcontract works is from May 20, 2015 until September 15, 2015.

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