KKB Engineering unit secures Petronas contract

Petroliam Nasional Bhd (Petronas) and a consortium led by Japan's JXTG Holdings Inc are among the companies interested in buying a stake in India's Bina oil refinery, a source close to the matter said.

KUALA LUMPUR: KKB Engineering Bhd unit, OceanMight Sdn Bhd, has won a contract from Petronas Carigali Sdn Bhd for the provision of engineering, procurement, construction and commissioning of wellhead platforms for the D18 Phase 2 project.

In a filing with Bursa Malaysia yesterday, KKB Engineering said the contract was for 27 months, of which 15 months were for work execution plus a warranty period of 12 months.