Uzma secures RM19mil oil and gas contract


PETALING JAYA: Uzma Bhd’s foreign subsidiary, MMSVS Group Holding Co Ltd Thailand, has accepted a contract award from PTTEP Energy Development Co Ltd to undertake the infill well preparation operations for up to six of PTTEP’s offshore platforms in the Gulf of Thailand.

In a filing with Bursa Malaysia, Uzma said the contract is from July 16, 2024 and will remain valid until July 15, 2025 and is estimated to be worth RM19mil during the contract period.

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

Next In Business News

Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties
Ringgit rises to 3.97 against US dollar at the close as US-Iran reaches ceasefire deal
Inta Bina bags RM32mil construction job
MNC Wireless to fund digital push with rights issue

Others Also Read