Perdana Petroleum bags RM9m charter contract from Petronas Carigali

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KUALA LUMPUR (Jan 20): Perdana Petroleum Bhd has bagged a contract from Petronas Carigali Sdn Bhd, Petroliam Nasional Bhd's (Petronas's) exploration arm, for the provision of one anchor handling tug and supply (AHTS) vessels for RM9 million.

This was the second contract it has bagged from Petronas Carigali in less than two months. On Dec 9, it secured a contract worth of RM36 million for the provision of two AHTS vessels.

In a bourse filing, the group said its wholly-owned Perdana Nautika Sdn Bhd (PNSB) received the work order award from Petronas Carigali on Dec 19, 2019.

Perdana Petroleum said the 192-day contract that has started on Dec 24, 2019, is expected to contribute positively to its earnings and net assets for the financial year ending Dec 31, 2020 (FY20).

Perdana Petroleum shares closed 4.04% or two sen higher at 51.5 sen today, giving it a market capitalisation of RM432.98 million.

The counter saw some 53.75 million shares traded, making it the fourth most actively-traded counter on Bursa Malaysia today.