T7 Global unit bags contract from IPC M’sia


PETALING JAYA: Oil and gas services company T7 Global Bhd’s wholly owned subsidiary Tanjung Offshore Services Sdn Bhd has secured a contract from IPC Malaysia BV for the provision of maintenance, construction, modification and hook-up and commissioning services in Malaysia.

In a filing with Bursa Malaysia, it said the contract will commence from Oct 25, 2024, to Oct 24, 2029 for a period of five years, with two extension options of three and two years.

The company said it envisages that the award will contribute positively to its earnings and net assets for the financial year ending Dec 31, 2024 and onwards until the expiry of the contract.

Separately, T7 Global’s wholly-owned subsidiary T7 Facility Sdn Bhd held an inauguration ceremony for its T7 fabrication yard in Kemaman, Terengganu, yesterday.

The event was graced by Sultan Mizan Zainal Abidin Ibni Almarhum Sultan Mahmud Al-Muktafi Billah Shah, Sultanah Nur Zahirah and Tengku Muhammad Ismail Ibni Al-Wathiqu Billah Sultan Mizan Zainal Abidin.

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