Petronas hires Destini for well services
- Business & Finance
Malaysia’s Destini Berhad has been awarded a contract by Petronas Carigali for the Pan Malaysia umbrella contract for the provision of integrated well services for intervention, workover & abandonment for petroleum arrangement contractors.
Destini said in a Bursa Malaysia filing on Wednesday that the contract had started on September 20, 2019. It will expire on September 19, 2024, unless extended or terminated.
The contract does not constitute any commitment by Petronas Carigali to guarantee any minimum quantity of works to be performed by Destini.
Any instruction for the works will be made on a call-out basis through the issuance of work order by Petronas Carigali.
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