KUALA LUMPUR: Icon Offshore Bhd has secured a contract worth US$9.6mil from ConocoPhillips Sarawak Limited and Conocophillips Sarawak Oil Limited (collectively Conocophillips Sarawak) for the provision of a jack-up rig.

       In a filing with Bursa Malaysia, Icon Offshore said ConocoPhillips Sarawak had on Dec 23, 2021 issued a letter of award to I Oilfield Services Sdn Bhd (IOSSB) for the provision of a jack-up rig to drill three wells plus one well which is expected to commence in the 2nd quarter of 2022.

       “The contract has an estimated value of US$9.6mil.

       “The contract award is expected to contribute positively to the earnings, order book, and net assets of Icon for the financial year ending Dec 31, 2022,” Icon said.