PETALING JAYA: Tanjung Offshore Services Sdn Bhd, a wholly owned unit of T7 Global Bhd was awarded a five year contract by Repsol Oil & Gas Malaysia Limited on Dec 19, 2019 for the provision of maintenance, construction and modification services for Block PM3-CAA and Block PM-305 between Malaysia and Vietnam.
In a Bursa filing, T7 said the contract value shall be as per work order request by Repsol.
“The contract is expected to contribute positively towards the earnings and net assets per share of T7 Global for the financial year ending Dec 31, 2020,” it said.
As at the midday trading break, T7 Global was 2.3% higher at 44.5 sen with 572,000 shares done.
source https://www.thesundaily.my/business/t7-global-unit-bags-5-year-repsol-contract-HG1888180
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