Picorp wins RM12.16mil contract
PETALING JAYA: Progressive Impact Corp Bhd (Picorp) has bagged a field measurement services contract for total petroleum hydrocarbon contamination in soil in Indonesia worth RM12.16mil.
The contract, which was awarded by PT Chevron for Rapid TPH to Picorp subsidiary PT Als, is an addition to an earlier contract worth RM31.35mil that was awarded on March 21, 2019.
“The award is a continuity of the existing business that PT Als has with PT Chevron. Additionally, the contract serves as a business expansion in a foreign market, namely, Indonesia,” said Picorp in a filing with Bursa Malaysia yesterday.
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