T7 Global unit bags ExxonMobil contract

KUALA LUMPUR: T7 Global Bhd said its wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd has received a contract from ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for an enabling agreement for provision of Pan-Malaysia offshore maintenance, construction, modification (MCM) and hook-up and commissioning (HUC) Services for Package B2 – Guntong.

In a filing with Bursa Malaysia, the group said the contract was effective for a period of five years from Dec 1, 2024, to Nov 30, 2029, with subsequent extension options of three and two years.

The board said the award will contribute positively to the earnings and net assets of the Company for the financial year ending Dec 31, 2024, and onwards until the expiry of the contract.