<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 7): Reservoir Link Energy Bhd (KL:<a href="/askedge/klse/0219" class="ce-stock" target="_blank">RL</a>) has secured a five-year contract to provide remedial sand control equipment and services to PETRONAS.</p></div>

<div class=newsTextDataWrapInner><p>The contract is on a call-off basis with billings based on goods ordered on demand or works done at designated sites, the oil-and-gas services firm said. Reservoir Link’s wholly-owned unit received the letter of award on May 21, but the job only announced through the exchange on Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>The contract runs until May 2031 unless extended or terminated earlier.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The scope of work includes supplying sand screens, accessories, and services as well as providing sand consolidation and agglomeration chemicals. Reservoir Link is also required to perform everything from planning to the final assembly of the screens.</p></div>

<div class=newsTextDataWrapInner><p>The latest win also comes on the heels of a July 2 announcement of its appointment as a panel contractor by PETRONAS, officially known as Petroliam Nasional Bhd, through its 60%-owned consulting unit Reservoir Link Solutions Sdn Bhd for discovered resource assessment services.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Reservoir Link were unchanged at 26 sen on Tuesday, valuing the company at RM99 million.</p></div>


Reservoir Link Energy Bhd (KL:RL) has secured a five-year contract to provide remedial sand control equipment and services to PETRONAS.

Reservoir Link gets five-year sand control contract from PETRONAS

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<...

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<...

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