The contract includes inspection, repair and maintenance services utilising specialised vessels, equipment and personnel covering Petronas Carigali's offshore oil and gas fields in the country.
In an announcement to Bursa Malaysia, SapuraKencana said the duration of the contract is three and a half years effective from October 2012 until April 2016, with the option to extend an additional year.
The contract is expected to contribute positively towards the earnings and net assets per share of the group for the financial years ending Jan 31, 2013 to 2017, SapuraKencana said.
-- BERNAMA