Steel Hawk secures subcontract for offshore services in Sarawak


KUALA LUMPUR: Steel Hawk Bhd’s wholly-owned subsidiary, Steel Hawk Engineering Sdn Bhd (SHESB) has secured a subcontract from Petra Resources Sdn Bhd.

In a filing with Bursa Malaysia, Stell Hawk said the contract for the provision of offshore living quarter (LQ) maintenance and repair services for EPOMS offshore facilities in Sarawak.

Steel Hawk stated that the subcontract is on a call-out basis, meaning it does not have a fixed contract value. The company is engaged by Petra Resources to provide specified services for the duration of the contract, as and when required.

“The subcontract is expected to contribute positively to the earnings of Steel Hawk froup for the financial year ending Dec 31, 2024,” it said.

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

Next In Business News

KWAP continues pursuing all avenues to maximise recovery of its investment in eFishery
Family travel reshaping romantic resorts
China assets gain ground
A guide to saving for hajj
From space rocks to smart watches
Velesto’s cancelled rig sale highlights oil volatility
Earnings hurdle for Wall Street
Tanco’s AI Port rally runs into fundamental reality
Big tech tests bond market capacity
Keeping pace with AI threats

Others Also Read