KUALA LUMPUR: Construction cranes manufacturer Favelle Favco Bhd
(FFB) has secured three contracts worth a total of RM56.1mil to supply offshore cranes to ExxonMobil Exploration and Production Malaysia Inc; TES, Inc and Noronha Holdings.
The contracts were secured through its subsidiaries, namely Favelle Favco Cranes (M) Sdn Bhd, Favelle Favco Cranes (USA) Inc and Favelle Favco Cranes Pty Ltd.
Delivery to ExxonMobil and TES is scheduled for the first and second quarter next year, respectively, while delivery to Noronha is scheduled for end-2020, it said in a filing with Bursa Malaysia.— Bernama
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