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.