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.

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

Next In Business News

Jasa Kita acquires 55% stake in SPPH�
PetGas to pre-pay up to RM706mil in jetty usage charges at Pengerang LNG terminal
Colform awards 4 contracts worth RM1.33mil
Hextar Global acquires three fertiliser companies for RM120mil
Ringgit climbs to strongest level against US dollar since early March 2021
Solarvest acquires ACE-Market listed SDCG for RM42mil
CBH Engineering wins data centre job worth RM130mil
JPG consolidates JPG Greenergy Ventures, strengthens renewable energy strategy
Kimlun bags three construction jobs totalling RM618mil
PMCK records RM5.83mil 2Q profit, declares 0.12 sen dividend

Others Also Read