Latest news with #UzmaEngineeringSdnBhd
The Star
13-05-2025
- Business
- The Star
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.
New Straits Times
13-05-2025
- Business
- New Straits Times
Uzma unit bags electric wireline cased-hole services contract from Petronas Carigali
KUALA LUMPUR: Uzma Bhd's wholly owned subsidiary, Uzma Engineering Sdn Bhd, has secured a contract from Petronas Carigali Sdn Bhd for the provision of electric wireline cased-hole services. Uzma said the contract, secured via a letter of award, comprises non-rig assisted (NRA) electric wireline logging (EWL) 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," it told the stock exchange in a filing. The contract duration is three years, commencing from March 26, 2025 to March 25, 2028. The contract is expected to contribute positively to the company's earnings and net assets per share for the financial year ending June 30, 2025 and beyond until its expiry.
