KUALA LUMPUR, Feb 10 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has accepted a work order award (WOA) in December 2024 and a work order extension (WOE) in November 2024, issued by Petronas Carigali Sdn Bhd.
In a filing with Bursa Malaysia today, Keyfield International said the work orders were for the charter of two units of dynamic positioning accommodation workboats for Petronas Carigali under the Panel Contractor Contract for Offshore Support Vessel Services.
“Subject to charterer’s rights under the contract, the WOA and WOE will have durations of five to six months each from the respective commencement dates. Both commenced in January 2025 and have a combined value of approximately RM56 million,” it added.
Keyfield International said the WOA and WOE are expected to contribute positively to its earnings and net assets for the financial year ending Dec 31, 2025.
At close today, Keyfield International’s share price eased two sen to RM2.33.
-- BERNAMA
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