Reservoir Link Energy bags contract for hydraulic project

KUALA LUMPUR: Reservoir Link Energy Bhd unit Reservoir Link Sdn Bhd has received a contract from Roc Oil (Sarawak) Sdn Bhd for the provision of tubing cutting services for a hydraulic workover campaign.

In a bourse filing, the group said the contract is for a period of one year from April 11, 2022, to April 10, 2023.

The contract will be on a "call-out" basis whereby work orders will be issued by Roc Oil based on the schedule of compensation.

"The Contract is expected to contribute positively towards the earnings of the Group for the financial year ending 31 December 2022 and throughout the Contract Period," said Reservoir Link Energy.