Uzma Bhd said its subsidiary, Setegap Ventures Petroleum Sdn Bhd, has secured a RM60 million contract from EnQuest Petroleum Production Malaysia Ltd.
In a filing with Bursa Malaysia, the group said the two-year contract runs from Feb 19, 2026 to Feb 18, 2028, covering the provision of an integrated well intervention and project management team under the 2026/2027 EnQuest Well Intervention Programme (Package A8).
The scope includes the supply, maintenance and support of tools, equipment, accessories and spare parts for well intervention services.
Uzma said the contract will not impact its share capital or shareholding structure, but is expected to contribute positively to earnings and net assets per share from the financial year ending June 30, 2026, through to the contract’s completion.
