Saturday 24 Feb 2024
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KUALA LUMPUR (Sept 10): Carimin Petroleum Bhd has bagged a contract to undertake hook-up, commissioning and topside major maintenance services for Petronas Carigali Sdn Bhd at the Angsi oil and gas field offshore Peninsular Malaysia.

It did not disclose the value of the contract.

In a bourse filing today, Carimin said its wholly-owned subsidiary Carimin Engineering Services Sdn Bhd had on Aug 21, accepted a letter of award from Petronas Carigali for the job.

The contract will be for 15 months, with completion on Nov 15, 2020.

"The contract is expected to contribute positively to the group's earnings over the duration of the contract," Carimin said.

Carimin shares closed down 0.5 sen or 0.53% at 93 sen today, with 4.28 million shares done, giving it a market capitalisation of RM217.51 million.

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