KUALA LUMPUR: Wah Seong Corp Bhd’s indirect subsidiaries, ISOAF S.r.L and ISOAF TZ Ltd, incorporated in Italy and Tanzania, respectively, have been awarded a midstream contract by East African Crude Oil Pipeline (EACOP) Ltd valued at US$254.10mil (RM1.06bil).
The group said the project was for the provision of pipeline thermal insulation services for the EACOP project and feeder line, located between the town of Kabaale in Uganda and the port of Tanga in Tanzania.
In a filing with Bursa Malaysia, Wah Seong said the work and services to be performed are within the business scope of the coatings division of the group and are expected to be completed within 30 months from Feb 18, 2022. — Bernama.