Daya Gets Technip Charter Deal

Daya Materials Bhd has secured a long-term charter contract from Technip Norge AS of Norway worth up to RM440mil.

In a statement to Bursa Malaysia yesterday, Daya said its sub-subsidiary, Daya OCI (Labuan) Ltd (DOCIL) had on Aug 16 entered into a charter party contract with Technip. DOCIL has been appointed as a contractor for the provision of offshore subsea construction vessel together with a range of offshore services on a long-term charter basiss for the North Sea and North Atlantic regions. Daya Offshore Construction Sdn Bhd (DOC), a wholly-owned subsidiary of Daya will be executing the charter on behalf of DOCIL.