T7 Global Bhd’s, through its wholly owned subsidiary Tanjung Offshore Services Sdn Bhd has been awarded a 10-year contract from Petronas Carigali Sdn Bhd for the provision of leasing, operation and maintenance of a mobile offshore production unit (MOPU) for Phase 2 of the Bayan gas redevelopment project.
In a statement to Bursa Malaysia, the Group said that the contract time charter period is for 10 years with the effective date of the contract is 1 February 2020.
“The Bayan MOPU Project from Petronas Carigali serves as a testament of T7 Global’s capabilities in the oil & gas industry. This project marks a major milestone for the Group in expanding its portfolio as an energy solutions provider.”
“We are excited to continue working on this project despite the current challenging outlook for the oil & gas industry. I would like to thank Petronas Carigali for believing in us and we will do our best in delivering the project according to specifications and timeline.” said T7 Global Chairman YBhg. Datuk Seri Dr. Nik Norzrul Thani Bin N. Hassan Thani.
