Wednesday 13 October 2010

Petra Energy awarded RM12m contract from Murphy Sabah Oil

PETRA ENERGY BHD has received a notice of award from Murphy Sabah Oil Co. Ltd to provide maintenance and repair services for rotating equipment for Murphy’s operations.

Petra Energy said, the duration of the contract is three years, effective from Sept 3 with two options to extend the duration of the contract for a further period of one year each.

It estimated the total value of the contract to be about RM12 million over the primary period of the contract.