The contract is estimated to have a contract value in excess of US$1.5 million ($2.1 million). IEV Holdings says work is slated to start in October 2020.
IEV Holdings says its 49%-owned associate IEV (Malaysia) has been awarded an expanded scope of work for the Advanced Inspection Solutions contract in Malaysia on September 22.
The contract, which was awarded by an oil and gas producer, is for the provision of ultrasonic scanner technology deployed by a remotely operated vehicle to inspect a subsea pipeline located at its offshore oil and gas (O&G) field in Malaysia.
