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Dayang picks up $67m Petronas contract

Dayang Enterprises Holdings has won a MYR250m ($67.3m) facilities improvement contract from Petronas' exploration unit Petronas Carigali for the Malaysian national oil company’s Sarawak and Sabah offshore operations, the Miri-based offshore oil and gas service provider said in a stock market filing.

Vincent Wee, Hong Kong and South East Asia Correspondent

June 5, 2015

1 Min Read
Kalyakan - stock.adobe.com

The two-year initial contract, is set to start from 8 June, and will be performed on a call-out basis and will include any other work and services related to modification or upgrading, including working under simultaneous operations, hook-up and commissioning and major construction work.

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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