Dayang Enterprise secures two contracts from PETRONAS Carigali

KUALA LUMPUR: Dayang Enterprise Holdings Bhd's (DEHB) wholly owned subsidiary Dayang Enterprise Sdn Bhd has been awarded two contracts from Petronas Carigali Sdn Bhd (PCSB) for the provision of Pan-Malaysia offshore maintenance, construction, modification, and hook-up services.

The offshore oil and gas company said in a filing with Bursa Malaysia today that the value of the contracts will be based on work orders to be issued by PCSB throughout the contracts.

"The scope of works of the contracts includes provision of manpower, tools and equipment, materials, consumables and other related services.

"The commencement date for the two contracts is from Sept 27, 2024 for a contract period of five years each,” it said.

The company added that the projects are expected to contribute to the earnings of DEHB over the duration of the contracts. - Bernama