KUALA LUMPUR, Enproserve Group Bhd has clinched a two-year contract from Petronas Carigali Sdn Bhd to provide maintenance services for onshore pipeline facilities along the east coast of Peninsular Malaysia.
In a statement on Friday, the mechanical and civil engineering firm said the contract, awarded to its subsidiary Enproserve (M) Sdn Bhd on Oct 7, covers preventive and corrective maintenance, emergency repairs, civil works, onshore coating services, and upkeep of the cathodic protection system.
The company noted that the contract value will be determined based on work orders issued by Petronas Carigali over the contract period.
“This project strengthens our upstream onshore capabilities and aligns with our commitment to deliver safe, reliable, and efficient maintenance solutions,” said Enproserve group CEO Mohd Nizam Yaakub.
Shares of Enproserve closed half a sen or 2.13% lower at 23 sen on Friday, valuing the group at RM241.5 million.
