PETALING JAYA: Steel Hawk Bhd
has secured a contract extension for the provision of onshore facilities maintenance, construction and modification services from PETRONAS Carigali Sdn Bhd (PCSB).
In a filing with Bursa Malaysia, Steel Hawk, which is involved in the provision of onshore and offshore support services for the oil and gas industry, said the contract is on a call-out basis, which does not have a fixed contract value.
“We are engaged by PCSB to provide specified services for the duration of the said contract, as and when such services are required.”
Steel Hawk said the contract will not have any effect on the share capital and shareholding structure of the company.
“The contract is not expected to have any material effect on the net assets of Steel Hawk and its subsidiaries for the financial year ending Dec 31, 2025.
“The contract is expected to contribute positively to the earnings of Steel Hawk Group for the financial year ending Dec 31, 2025,” it said.
