Steel Hawk gets contract extension

PETALING JAYA: Steel Hawk Bhd’s wholly-owned subsidiary Steel Hawk Engineering Sdn Bhd secured a contract extension for the provision of onshore facilities maintenance, construction and modification (ONMCM) services from PETRONAS Carigali Sdn Bhd.

In a filing with Bursa Malaysia, Steel Hawk said the extension is for one year and 20 days ending on Dec 31, 2024.

The contract is on a call-out basis and does not have a fixed contract value, the company added. Steel Hawk said the contract is expected to contribute positively to its earnings for the financial year ending Dec 31, 2024.