Uzma wins PETRONAS Carigali contract for wireline services
PETALING JAYA: Uzma Bhd 's wholly-owned subsidiary, Uzma Engineering Sdn Bhd, has been awarded a contract from PETRONAS Carigali Sdn Bhd for the provision of electric wireline cased-hole services.
In a filing with Bursa Malaysia, Uzma said the contract requires the supply of non-rig assisted electric wireline logging equipment and services in East Malaysian waters.
This includes technical consultancy, provision of electric-line units, logging services, perforation, plug/packer setting services, downhole auxiliary tools, and other services for all types of wells.
The contract spans three years, from March 26, 2025, to March 25, 2028.
Uzma said the contract is expected to contribute positively to its earnings and net assets per share for the financial year ending June 30, 2025, and for the duration of the contract.
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