KUALA LUMPUR (Jan 8): Oil and gas services company Alam Maritim Resources Bhd (KL:ALAM) has secured a RM29 million contract to provide free-span rectification works for a gas pipeline. The contract, awarded by Vestigo Petroleum Sdn Bhd, covers the 60km Tembikai Non-Associated Gas pipeline offshore Terengganu, according to a bourse filing on Thursday. The rectification works are expected to be completed within six months. Alam Maritim and Vestigo were previously embroiled in a legal battle over unpaid work under a 2019 contract for the Tembikai gas development project. The case came to an end in April last year, after Vestigo agreed to drop its suit challenging a RM52.79 million adjudication award granted to Alam Maritim.
Source: The Edge Markets January 08, 2026 10:53 UTC