KUALA LUMPUR: Icon Offshore Bhd yesterday said an investigation is underway for an explosion that occurred on its vessel, the Icon Amara, which led to two fatalities and one serious injury.
The incident took place on Aug 2, 2024 at about 10.30pm, at the Sapar Alpha platform near Bintulu, Sarawak.
In a filing with Bursa Malaysia Securities, the company said it is fully cooperating with the relevant authorities for the investigation.
"While the investigation is ongoing, we would like to assure all stakeholders that the vessel Icon Amara, along with its crew members, is fully insured. "The company anticipates that the vessel will be restored to active duty following the completion of the investigation," it said. It also said there was a delay in releasing details about this incident, as the company worked closely with its client and the relevant authorities to ensure all information was accurate and appropriately handled.
" We appreciate your understanding and patience as we collaborate to address this challenging situation."The company added that this incident is not expected to have a material impact on its overall operations or financial performance. "Icon remains committed to the safety and well-being of all personnel, and we will take all necessary steps to prevent the recurrence of such incidents in the future," stated the company.
Icon Offshore's share price dropped 2.91 per cent or three sen to close at RM1 today, bringing its market capitalisation to RM622.56 million.