Dayang bags contract from PETRONAS Carigali

KUALA LUMPUR: Dayang Enterprise Holdings Bhd's wholly owned subsidiary, DESB Marine Services Sdn Bhd has been awarded a contract for the provision of accommodation work boat (AWBOAT) from PETRONAS Carigali Sdn Bhd (PCSB).

In a filing with Bursa Malaysia, Dayang said the value of the contract is based on work orders issued by PCSB throughout the contract duration.

The contract is effective from March 17, 2023. The contract duration is 129 days with an option to extend up to 60 days.

“The contract will have no effect on the issued capital of the company and is expected to contribute to the earnings of Dayang over the duration of the contract,” it said.