Under the sale-and-leaseback arrangements, Swiber is to provide a corporate guarantee in respect of Swiber Offshore Marine’s obligation under the bareboat charters of the vessels.

KUALA LUMPUR: Barakah Offshore Petroleum Bhd has proposed the disposal of the Kota Laksamana 101 Barge (KL101 Barge) to PT Wintermar Rajawali Asia for US$9.7mil (RM41.81mil) in cash. In a filing ...

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