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KUALA LUMPUR: T7 Global Bhd has secured a contract from Vestigo Petroleum Sdn Bhd for offshore transportation and installation (T&I) works involving the FPSO Berantai.
Oil and gas services provider T7 Global Bhd (KL:T7GLOBAL) announced on Friday that its wholly owned unit, Tanjung Offshore Services Sdn Bhd, has secured a one-year work order from Vestigo Petroleum Sdn Bhd.
KUALA LUMPUR: T7 Global Bhd said its wholly-owned subsidairy Tanjung Offshore Services Sdn Bhd has secured a contract from Vestigo Petroleum Sdn Bhd for the provision of offshore transport and installation for floating production, storage, and offloading (FPSO) Berantai.
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T7 Global Bhd's latest contract from EnQuest Petroleum Production Malaysia Ltd could contribute around RM4mil in profit after tax, representing about 7% of the group's 2026 earnings forecast.
T7 Global Bhd says its subsidiary Tanjung Offshore Services Sdn Bhd has secured a contract from EnQuest Petroleum Production Malaysia Ltd for the provision of an integrated hydraulic workover unit (HWU) for the 2026 and 2027 EnQuest Well Campaign (Package B3).