Petronas awards off Sarawak work to Dayang
- Business & Finance
Dayang Enterprise Holdings has been awarded a contract by Petronas Carigali for the Provision of Brownfield Major Modification Work for Bardegg-2 and Baronia EOR Development Project, off Sarawak.
According to Dayang’s Bursa Malaysia filing, the contract comprises major modification work for Bardegg-2 and Baronia Enhanced Oil Recovery (EOR) development located offshore Sarawak.
Dayang also said that the contract is valued at approximately RM280 million ($80.2 million).
The duration of the contract is for approximately 36 months effective from December 2, 2014 until December 1, 2017 or until completion of works.