Dayang Enterprise Holdings has announced that its wholly-owned subsidiary company, DESB Marine Services Sdn Bhd has been awarded contract extension from Petronas Carigali.
The extension is for the provision of three units of Accommodation Work Boat (AWBOAT) for the national oil giant from October last year. The vessels include Dayang Zamrud, Dayang Pertama and Dayang Berlian, they will be extended for approximately 270 days from the contract extension period.
The group said the value of the extended contracts is based on work orders issued by PCSB throughout the duration of the extended contracts.
Dayan expects the contracts to have no effect on the issued capital and is expected to contribute to the earnings of DEHB over the extended duration of the same.
