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Perdana Petroleum Gets RM22m New Barge Contract From Saujana Marine, Another RM16m Contract Extension

The Malaysian Reserve ·  Feb 15 18:00

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.

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