KUALA LUMPUR: Perisai Petroleum Teknologi Bhd’s (PPTB) 51 per cent-owned Perisai Offshore Sdn Bhd (POSB) has won a US$20 million (RM83.38 million) contract from Petronas Carigali Sdn Bhd.
In an exchange filing today, Perisai Petroleum said the contract was for the provision of jack up drilling rig, “Perisai Pacific 101” for the Samarang Drilling Campaign.
The contract is expected to commence between August 1 and September 1 this year.
“The provision of the services is expected to contribute positively towards the earnings and net assets of PPTB Group during the contract period for the financial year ending June 30, 2020,” the company said.