Dayang's Ongoing Success: More Work Achieved with EnQuest

Dayang Enterprise, a Malaysian firm, has been awarded a contract extension by Enquest to deliver maintenance, construction, and modification services. This contract pertains to the PM8E Seligi oilfields off the coast of Malaysia.

The contract extension's value relies on the work orders authorized by Enquest, as outlined in a filing with Bursa Malaysia by Dayang.

The initial contract, which commenced in May 2022, has been extended in the latest deal, prolonging Dayang's scope of work until the conclusion of December this year. Enquest's Malaysian operations involve the PM8 extension production sharing contract, encompassing the PM8 and Seligi Fields, along with the Block PM409 production sharing contract.

In the initial part of this month, the Malaysian contractor also garnered a contract extension from Petronas for the Sarawak Gas sector.