From Business Times – Deleum Tenders for RM400m Contracts


Dateline 2009-04-28 (story link here):

Oil and gas services provider Deleum Bhd has tendered for contracts worth RM300 million to RM400 million, group managing director Chandran Aloysius Rajadurai said today.

These comprised service and project contracts, he said, adding that a major chunk involved jobs in Malaysia.

Currently, Deleum has projects worth RM1 billion which will keep it busy up to 2016, he said after the company’s annual general meeting here.

Asked if the decline in crude oil prices from an all-time high of US$147 per barrel has impacted the industry, Chandran said: “Some major projects have been deferred, some are being reassessed and some have been stopped.”

I need to squeeze some work out of Deleum.

This entry was posted on Sunday, May 3rd, 2009 at 2:33 pm and is filed under business opportunity, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a comment