Perdana Petroleum gets second work order award from Petronas Carigali this year

TheEdge Tue, Mar 28, 2023 06:11pm - 1 year View Original


KUALA LUMPUR (March 28): Perdana Petroleum Bhd has accepted a work order award for the provision of accommodation work barge for Petronas Carigali Sdn Bhd (PCSB).

Its wholly-owned unit Perdana Nautika Sdn Bhd (PNSB) received the award from PCSB on Feb 17, according to the group’s bourse filing on Tuesday (March 28).

PNSB shall provide one unit of accommodation work barge vessel with crews and equipment to perform a continuous service as per the scope of works agreed to assist PCSB’s project activities, said Perdana Petroleum.

The contract, which began on March 20, has a duration of up to 229 days from the commencement date.

Perdana Petroleum, which turned the corner in the second half (2H) of last year, has secured seven contracts since January, namely for the provision of accommodation work barges and one unit of anchor handling tug and supply vessel.

It secured five letters of award from its major shareholder Dayang Enterprise Holdings Bhd on Jan 5, Jan 9 and Jan 16, and one work order award from Petronas Carigali on Jan 27.

Shares of Perdana Petroleum rose 2.94% or half a sen to settle at 17.5 sen on Tuesday, valuing the group at RM388.18 million. Year-to-date, the counter has risen by 40%.

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