KUALA LUMPUR (Dec 9): Perdana Petroleum Bhd has bagged two work orders from Petronas Carigali Sdn Bhd, Petroliam Nasional Bhd's (Petronas's) exploration arm, for the provision of two anchor handling tug and supply (AHTS) vessels for RM36 million.

In a bourse filing, the group said its wholly-owned Perdana Nautika Sdn Bhd (PNSB) received the two one-year work orders, each with an estimated contract value of RM18 million, from Petronas Carigali via letters of award (LoA) dated Nov 21, 2019.

"PNSB shall provide the AHTS vessels with crews and equipment to perform 24-hour services for assisting and/or servicing drilling rigs, offshore installation, derrick barges, towing and anchor jobs," the group said.

Perdana Petroleum added that the contract is expected to contribute positively to its earnings for the financial year ending Dec 31, 2019 and during the duration of the contract.

Shares in Perdana Petroleum closed 4.05% or 1.5 sen lower at 35.5 sen, giving it a market capitalisation of RM276.36 million. It saw 5.77 million shares traded.