Malaysia's offshore oil and gas support services company Carimin Petroleum Berhad reported Monday that its wholly-owned subsidiary Carimin Engineering Services Sdn Bhd has clinched a contract to provide mechanical services for PETRONAS Carigali Sdn Bhd on Feb. 24, the firm said in a filing on local stock exchange Bursa Malaysia.
The two year contract -- effective from March 2, 2016 to March 1, 2018 with an option to extend for another year to March 1, 2019 -- is on a call out basis with PETRONAS Carigali issuing the Release Order as and when there are requirements to perform the service.
Carimin said the total value of the workscope will depend on the duration of the services and cost related to the Project Management, mechanical services, materials and other related services.
PETRONAS Carigali is the upstream arm of Malaysia's national oil company Petroliam Nasional Berhad (PETRONAS).
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