Dayang a frontrunner for PETRONAS contract


It is reported that Dayang is set to secure three packages of the multi-year Pan Malaysia MCM hook-up and commissioning (HUC) tender.

PETALING JAYA: Dayang Enterprise Holdings Bhd is in a favourable position to clinch the decommissioning jobs in Sarawak from Petroliam Nasional Bhd (PETRONAS) by next year.

Hong Leong Investment Bank Research said based on its checks, the decommissioning of oil and gas field structures in Sarawak would be about RM1.4bil, while both Sabah and Peninsular Malaysia amounted to RM1bil in total.

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