<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 8): Perdana Petroleum Bhd (KL:<a href="/askedge/klse/7108" class="ce-stock" target="_blank">PERDANA</a>) has bagged two work orders worth a combined RM19.1 million for the provision of two units of accommodation workboat.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing, Perdana Petroleum said its wholly-owned subsidiary Perdana Nautika Sdn Bhd (PNSB) accepted the work order from DESN Marine Services Sdn Bhd, a wholly owned subsidiary of Dayang Enterprise Holdings Bhd (KL:<a href="/askedge/klse/5141" class="ce-stock" target="_blank">DAYANG</a>).</p></div>

<div class=newsTextDataWrapInner><p>The work order is a related party transaction as Dayang is the controlling shareholder of Perdana Petroleum, with a 63.59% stake in the company as at April 5, 2024.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Both work orders commenced on Aug 1, 2024.</p></div>

<div class=newsTextDataWrapInner><p>The first contract worth RM13.3 million has a tenure of 153 days, while the second contract is valued at RM5.8 million with a duration of 61 days.</p></div>

<div class=newsTextDataWrapInner><p>Under the work orders, PNSB shall provide the accommodation workboat with crews and equipment to perform 24-hour services for assisting and servicing drilling rigs, offshore installation, derrick barges, towing and anchor jobs.</p></div>

<div class=newsTextDataWrapInner><p>The work orders are anticipated to contribute positively to the group’s future earnings.</p></div>

<div class=newsTextDataWrapInner><p>The share price of Perdana Petroleum closed unchanged at 31 sen, bringing the group a market capitalisation of RM690 million.</p></div>


Perdana Petroleum Bhd (KL:Perdana) has bagged two work orders worth a combined RM19.1 million for the provision of two units of accommodation workboat.

Perdana Petroleum bags two related-party work orders to provide accommodation workboat

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The s...

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