Keyfield noted that the work order is expected to enhance its financial performance for the financial year ending Dec 31, 2025.
KUALA LUMPUR: Keyfield International Bhd
has secured a work order from PETRONAS Carigali Sdn Bhd to provide an accommodation work boat for offshore operations, as part of a panel contractor contract for offshore support vessel services.
The contract, awarded to its wholly-owned subsidiary Keyfield Offshore Sdn Bhd on April 11, runs for seven months with an option for a two-month extension.
No contract value was disclosed but Keyfield noted that the work order is expected to enhance its financial performance for the financial year ending Dec 31, 2025.
Shares of Keyfield rose 17 sen or almost 10%, to RM1.95 yesterday.
The company last month acquired a new 98-metre cable-laying barge from Taizhou Sanfu Enginering Co Ltd for RM90.8mil.
