Uzma unit accepts PETRONAS Carigali term contract


KUALA LUMPUR: Uzma Bhd's wholly-owned subsidiary Uzma Engineering Sdn Bhd has accepted an award of term contract from PETRONAS Carigali Sdn Bhd in respect of the portable water injection module (PWIM) for Sepat platform.

In a filing with Bursa Malaysia, the group said the scope of works includes the operation and maintenance of PWIM, but not limited to supply of personnel, consumables, chemicals, and spare parts, and the upgrading and modification of existing PWIM unit at Sepat A (provisional).

It also includes the decommissioning of PWIM and its associated, re-instatement of company facilities at Sepat A Well Head Platform (WHP) to the original condition and marine spread for demobilisation.

The contract, which was effective on Jan 12, 2024, is a continuation from the previous award that had expired on Jan 11, 2024.

Uzma said the contract shall remain valid for an estimated period of 20 months or until the primary contract expiry of Sepat Redevelopment, whichever occurs later, unless it is extended or terminated earlier in accordance with the terms and conditions of the Contract.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Uzma , PETRONAS Carigali

   

Next In Business News

GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
Book speaks volumes about Penang food
Can Lotte Chemical Titan weather the challenges?
US market - prudence is golden
Litmus test for China
Boons and banes of the DRG
Navigating tomorrow’s markets today
Will these acquisitions pay off?

Others Also Read