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Icon Offshore bags PSV contract

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Icon Offshore bags PSV contract Icon Offshore

Malaysian OSV owner Icon Offshore has clinched a deal with a petroleum arrangement contractor (PAC) for one of its platform supply vessels.

The contract, based on the bid proposal, is scheduled to start on March 31.

The PSV has been fixed for 100 days to support the PAC’s drilling campaign.

No further details were disclosed but Bursa Malaysia-listed offshore player which lists two ships in this segment said it expects the deal to have a positive impact on earnings, orderbook and net assets in this financial year.

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