KUALA LUMPUR: T7 Global Bhd's wholly-owned subsidiary Tanjung Offshore Services Sdn Bhd has secured a contract from PETRONAS Carigali Sdn Bhd for the provision of Pan-Malaysia offshore maintenance, construction, modification (MCM) and hook-up and commissioning (HUC) services for package C1.
It said in a bourse filing the contract commenced from Sept 27, 2024, for a period a five years with options to extend for three and two years.
The scope of work of the contract includes provision of manpower, tools and equipment, materials, consumables, and other related services.
The board envisages that the contract will contribute positively to the earnings and net assets of the company for the financial year ending Dec 31, 2024, and onwards until the expiry of the contract.