Petra Energy’s shares up on securing Petronas Carigali contract | Malay Mail

KUALA LUMPUR, Sept 5 — Petra Energy Bhd’s shares on Bursa Malaysia were traded on a positive tone in the early session today, driven by news of its subsidiary’s new contract win from Petronas Carigali Sdn Bhd on Tuesday.

In a filing with Bursa Malaysia yesterday, Petra Energy said its subsidiary, Petra Resources Sdn Bhd, has received a contract from Petronas Carigali for the provision of hook-up, commissioning and topside major maintenance services.“The contract is expected to contribute positively to the earnings and net assets per share of PEB Group for the duration of the contract,” it said. — Bernama

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