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Petronas Carigali awards contract to KSTB

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Petronas Carigali awards contract to KSTB Empty Petronas Carigali awards contract to KSTB

Post by hlk Fri 08 Nov 2013, 21:26

Business & Markets 2013
Written by Zatil Husna of theedgemalaysia.com
Friday, 08 November 2013 19:39
A + A - Reset
KUALA LUMPUR (Nov 8): Kejuruteraan Samudra Timur Bhd (KSTB) has
bagged a contract from Petronas Carigali Sdn Bhd (PCSB).
In a filing to Bursa, the group said the work involves the provision of tubular
handling equipment and services for shallow water in West Malaysia
Operations.
The contract commenced on Oct 30 and will be valid until Oct 29, 2018.
“The contract is expected to contribute positively to the earnings and earnings
per share of the group for the financial year ending June 30, 2014,” it said.
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