The subsidiary of Malaysia’s state-owned giant Petronas has issued work orders to compatriot Petra Energy totalling RM298m ($75m). Petra Energy received and accepted four work orders from Petronas Carigali to provide hook-up and commissioning services for the Bintulu integrated facilities rejuvenation project, Phase 2. “The details of the work orders include the provision for procurement of bulk items, engineering activities, and the construction and commissioning for the second phase of the Bintulu rejuvenation project,” the company said. Petra said in a filing with Bursa Malaysia that the work orders are expected to contribute positively to the group’s earnings and net assets per share for the financial year ending December 31, 2026, and thereafter until the expiry of the contract. The latest award underscores Petra Energy’s continued traction with Petronas Carigali, as it capitalises on ongoing rejuvenation and maintenance activities across Malaysia’s oil and gas infrastructure. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsMalaysia