KUALA LUMPUR: Reservoir Link Energy Bhd
’s 60%-owned subsidiary Reservoir Link Solutions Sdn Bhd has secured a contract from SEA Hibiscus Sdn Bhd for the supply of nicely companies pumping and specialty chemical substances.
SEA Hibiscus is an oblique wholly-owned subsidiary of Hibiscus Petroleum Bhd.
The oil and fuel service supplier, in a Bursa submitting, stated the scope of labor consists of supplying tools, chemical substances and technical help workforce, in addition to offering a laboratory facility to conduct laboratory testing, research and skilled interpretative companies as required by SEA Hibiscus to establish alternatives for wells’ manufacturing enhancement and rejuvenation.
The period of the contract is for 3 years efficient from April 18, 2022, to April 17, 2025.
Reservoir Link expects the contract to contribute positively to the group’s earnings for this monetary 12 months and all through the three-year interval.
