Business

Deleum unit bags services contract from Petronas Carigali

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Syndicated News
Written by Syndicated News

KUALA LUMPUR, Oct 5 2017 : Deleum Bhd’s subsidiary, Deleum Primera Sdn Bhd, has secured a contract for the provision of maintenance, construction and modification services from Petronas Carigali Sdn Bhd.

In a statement here, it said the contract’s duration would be for a primary period of five years with a one-year extension option, effective from Sept 20, 2017 to Sept 19,  2022, at an agreed fixed schedule of rates.

“We expect that this new contract – Package C (Offshore) Peninsular Malaysia Gas – will contribute positively to earnings during the duration of the contract,” said Deleum.

The details on the scope of works in relation to the contract will be addressed in work orders which will be issued by Petronas Carigali and shall include any or all other work and services which is generally related to topside structural maintenance, hook up and commissioning and facilities improvement programme.

Deleum, a provider of a diverse range of supporting specialised products and services to the oil and gas industry, posted total net earnings of RM8.0 million in its second quarter ended June 30, 2017, as compared to RM13.3 million in the previous corresponding quarter. – Bernama

 

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