Petra Awarded RM600m Contract By Sarawak & Sabah Shell

Petra Resources Sdn Bhd, a wholly-owned subsidiary of Petra Perdana Bhd has been awarded the contracts to perform maintenance and retrofits services for Sarawak Shell Bhd and Sabah Shell Petroleum Company Ltd.

Petra said in a statement Friday that the contract value would be approximately RM600 million based on tender requirements at the point of submission and work was to start by February 2005.

PRSB will provide maintenance, hook-up, commissioning and construction services to the topside facilities of production platforms located offshore.

Petra's core business is the provisioning of integrated services to the oil and gas industry that include seismic data acquisition, platform facilities and equipment maintenance all of which require marine support.