Tuesday 21 May 2013

Dayang bags RM2bil contract from Shell




Dayang Enterprise Holdings Bhd has secured a RM2bil contract to provide hook-up, commissioning and topside services to Sabah and Sarawak Shell units.

Dayang said on Tuesday its unit Dayang Enterprise Sdn Bhd had received the letter from Sarawak Shell Bhd and Sabah Shell Petroleum Company Ltd on May 13.

The contract is for five years with an extension option of one year.

Dayang said the contract was expected to contribute positively to the earnings and net assets per share of the group.