Perdana Petroleum Bhd's unit will provide Saujana Marine Sdn Bhd a accommodation work barge (AWB) for 240 days in a contract valued at RM22.1 million.
In an exchange filing today, Perdana Petroleum said its wholly-owned subsidiary Perdana Nautika Sdn Bhd has received the letter of award for the contract which commenced on Jan 15, 2024.
Perdana Nautika shall provide a unit of AWB with crew and equipment to perform a continuous service as per the scope of works agreed to assist Saujana Marine's project activities, it said.
In a separate filing, Perdana Petroleum said its wholly-owned subsidiary Perdana Nautika has on Oct 31, 2023 received a work order extension from Saujana Marine, the charterer, for a unit of AWB for 220 days commencing Dec 24, 2023, in a contract extension valued at RM16.2 million.
Perdana Petroleum provides offshore marine services for the upstream oil & gas sector. Its share price closed unchanged yesterday at 27.5 sen, valuing the group at RM611 million.