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.

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