Destini bags major job from PETRONAS


Destini said the contract significantly strengthens its order book by providing long-term revenue visibility through 2031.

PETALING JAYA: Destini Bhd has bagged a major contract from PETRONAS Carigali Sdn Bhd for the provision of tubular running services (TRS).

In a statement, Destini said the contract was awarded to its subsidiary, Destini Oil Services Sdn Bhd (DOS), on March 30, 2026, and will run for five years to March 29, 2031.

According to Destini, the contract significantly strengthens its order book by providing long-term revenue visibility through 2031.

Operationally, the five-year duration allows DOS to optimise its resource deployment and leverage its established local infrastructure to drive cost-efficiencies for the client.

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

Next In Business News

Malaysian palm oil stockpiles balloon to record on output surge
Jati Tinggi bags RM15.7mil TNB contracts for cable works
Go Hub Capital bags RM64.79mil KTMB ticketing system contract
West River secures RM17.5mil E-Metro Logistic Park subcontract
Yinson secures four-year FPSO extension worth US$600mil
Citaglobal unit bags RM29mil Thailand waste-to-energy project contract
Ringgit ends higher against Asean currencies, eases against US dollar
Southeast Asian property developers brace for slower cycle
Asteel Group secures RM15.8mil Shah Alam logistics complex job
IJM appoints Johan Idris as its chairman

Others Also Read