KUALA LUMPUR: Uzma Bhd’s wholly-owned subsidiary Uzma Engineering Sdn Bhd has been awarded a “call-off order” from EnQuest Petroleum Production Malaysia Ltd (EnQuest) for the availability of a hydraulic workover unit (HWU) worth RM30 million.
The provision of HWU providers is predicted to begin in March and be accomplished in October this 12 months.
“The scope of labor includes built-in HWU providers for EnQuest’s workover recompletion and nicely abandonment marketing campaign at offshore Peninsular Malaysia,” it advised the inventory trade. “The marketing campaign will cowl as much as three platforms and as much as twelve wells operated by EnQuest.”
Uzma mentioned the job is predicted to contribute positively in the direction of its earnings and web property per share for the monetary 12 months ending June 30, 2022. – Bernama