Vantris bags RM830mil O&G work orders


Vantris Energy group chief executive officer Muhammad Zamri Jusoh.

PETALING JAYA: Integrated oil and gas (O&G) outfit Vantris Energy Bhd has been awarded work totalling RM830mil under the company’s engineering and construction, as well as drilling segments.

The company announced in a stock exchange filing PETRONAS Carigali Sdn Bhd has awarded a work order for the provision of transportation and installation under an existing contract that commenced in the second quarter ended July 31, 2026 (2Q27) and to be completed in 3Q28.

It also received a notice of assignment for the rig Sapura Esperanza from PETRONAS Carigali under an existing contract to provide tender-assisted drilling rig services. The assignment commences in 3Q27.

Vantris chief executive officer Muhammad Zamri Jusoh said in a media release that the company enters into the new financial year with a clearer strategic direction and a stronger operational foundation following the completion of a restructuring.

“These awards reflect the continued progress we are making in rebuilding the business through disciplined and focused execution,” he said.

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