KNM Group Berhad’s wholly owned subsidiary, KNM Process Systems Sdn Bhd has been awarded by Petronas Gas Berhad for a job in its gas processing plant with a contract value of RM25.69 million.
The work will involve Engineering, Procurement, Construction & Commissioning for Packed Bed Modification for Special Scheme Inspection at Gas Processing Plant Santong Gas Processing & Utilities (GPU).
The supply and delivery duration of the Transaction is for a period of approximately 24 months from the date of the Contract.
KNMPS is principally involved in the design, engineering, procurement, and manufacturing of process equipment, including without limitation pressure vessels, reactors, columns and towers, drums, heat exchangers, air finned coolers, process gas waste heat boilers, and specialised shell and tube heat exchangers, condensers, spheres, process tanks, mounded bullets, process skid packages, and turnkey storage facilities as well as technical and project management services in relation to process equipment, plant facilities and general facilities for the oil, gas, petrochemicals, minerals processing and renewable energy industries worldwide inclusive of solar PV installation work and solar leasing.
The Transaction is expected to contribute positively to KNM Group’s earnings for the financial years ending 30 June 2023, 30 June 2024 and 30 June 2025.
