Dayang Enterprise secures two contracts from PETRONAS Carigali


KUALA LUMPUR: Dayang Enterprise Holdings Bhd's (DEHB) wholly owned subsidiary Dayang Enterprise Sdn Bhd has been awarded two contracts from Petronas Carigali Sdn Bhd (PCSB) for the provision of Pan-Malaysia offshore maintenance, construction, modification, and hook-up services.

The offshore oil and gas company said in a filing with Bursa Malaysia today that the value of the contracts will be based on work orders to be issued by PCSB throughout the contracts.

"The scope of works of the contracts includes provision of manpower, tools and equipment, materials, consumables and other related services.

"The commencement date for the two contracts is from Sept 27, 2024 for a contract period of five years each,” it said.

The company added that the projects are expected to contribute to the earnings of DEHB over the duration of the contracts. - Bernama

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

Next In Business News

Toto lifts the lid on smart toilets
Industry veterans to lead Resorts World Las Vegas
Cypark, Terengganu Inc to develop a 500MW HHFS plant at Tasik Kenyir
OSK Property buys Sungai Petani land for RM72mil
ITMAX in Aim-Force smart parking solutions tie-up
Opportunities ahead to move up semiconductor value chain
Unlocking bond yields for retirement
Fine-tuning GLIC governance
Colform inks underwriting deal for ACE Market IPO
Transparency is the best policy in Batu Kawan project bid

Others Also Read