Reservoir Link Energy secures ExxonMobil supply contract

KUALA LUMPUR: Reservoir Link Energy Bhd's unit has received a contract from ExxonMobil Exploration and Production Malaysia Inc for the provision of annulus wash and cement placement equipment and services.

In a bourse filing, the group said Reservoir Link Sdn Bhd was awarded the contract, which runs for a period of five years from March 7, 2022, to March 6, 2027.

The value of the contract with no guarantee of call-offs will be based upon the agreed rates and work order issued by ExxonMobil.

“I am glad we have yet again secured another contract for our oil and gas segment. We appreciate EMEPMI’s trust in Reservoir Link’s capabilities to deliver.

"Looking ahead, we will continue in our active participation to tender for more projects in the O&G as well as solar renewable energy business segments to deliver the absolute best value to our shareholders," said Reservoir Link non-independent executive director Thien Chiet Chai in a statement.