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Sapurakencana unit bags RM60M Petronas carigali contract

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Sapurakencana unit bags RM60M Petronas carigali contract Empty Sapurakencana unit bags RM60M Petronas carigali contract

Post by Cals Sat 11 May 2013, 01:51

Sapurakencana unit bags RM60M Petronas carigali contract
Business & Markets 2013
Written by Bernama
Friday, 10 May 2013 19:26


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KUALA LUMPUR (May 10): SapuraKENCANA PETROLEUM BHD []'s wholly-owned unit, TL GeoSciences Sdn Bhd, has won a RM60 million contract from Petronas Carigali Sdn Bhd (PCSB) for the provision of marine geohazards investigation services.

In a filing to Bursa Malaysia today, SapuraKencana said the contract covered PCSB's offshore oil and gas fields in Peninsular Malaysia.

"The contract, effective April 12, 2013, is for three years. It is expected to contribute positively to the earnings and net assets per share of the group for the financial years ending Jan 31, 2014 to Jan 31, 2016," it said. -- BERNAMA
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