KUCHING: Petra Energy Berhad (PEB) has secured four contracts to provide pan-Malaysia offshore services to the national oil-and-gas company Petronas and its production sharing contractors.
According to a Bursa Malaysia announcement, the contracts involve offshore maintenance, construction, and modification (MCM), as well as hook-up and commissioning (HUC) services in Sarawak.
It was disclosed that the contracts will last for five years, with extension options of three plus two years.
The contract with Petronas began on September 27, 2024.
Meanwhile, it said that its services to both JX Nippon Oil & Gas Exploration and ROC Oil became effective on October 24 and 28, respectively, whereas the contract with SapuraOMV Upstream started on January 1, 2025.
The amount for the contracts and services obtained remains undisclosed.
