Steel Hawk secures three-year logistics management contract from PetGas


PETALING JAYA: Steel Hawk Bhd, an engineering support services provider principally involved in the provision of onshore and offshore support services for the oil and gas industry, has secured a logistics management services contract from Petronas Gas Bhd (PGB) for Package A – Northern Package through its wholly owned subsidiary, Steel Hawk Engineering Sdn Bhd (SHESB).

In a statement, Steel Hawk said SHESB will provide logistics support services to PGB on a call-out basis to support its ongoing operations as and when required.

The contract will run for a period of three years, from April 10, 2026 to April 9, 2029.

“The works shall include but are not limited to planning, scheduling, supervision, reporting, monitoring and control of all aspects of mob-demob, construction/installation, inspection, replacements, as well as advisory support on overall logistic management matters such as design, upgrading, equipment selection, performance analysis and improvement of works.

“While the contract does not carry a fixed value due to its call-out nature, it is expected to contribute positively to the group’s earnings over the duration of the contract. The long-term engagement also strengthens Steel Hawk’s portfolio of recurring income contracts, providing greater earnings visibility moving forward.”

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Singapore economy grows 5.4% in 3Q 2026 - advance estimates
IMF says higher bond yields underscore urgency of fiscal consolidation
Asia shares edge up as chip selloff eases; US CPI awaited
Ecosys shares soar 179% in ACE Market debut
FBM KLCI continues to retrace higher as domestic sentiment intact
Ringgit opens marginally higher against US$ on weaker DXY
Bank Negara, SC warn against deepfake videos impersonating senior officers
Singapore central bank keeps monetary policy unchanged, against expectation
Trading ideas: Sime Darby, Genting, Zetrix, Critical, Kelington, Lianson, Land 33, Pantech, Binasat, CTOS, Censof, AHB, Jati Tinggi, RedPlanet, NWE
Budget aids sustainability, climate agenda

Others Also Read