KUALA LUMPUR: KENCANA PETROLEUM BHD []'s share price advanced on Thursday, July 8 after its unit secured a RM201.1 million contract from Houston-based Newfield Peninsula Malaysia Inc to provide procurement and CONSTRUCTION [] services for topsides.
At 9.25am, Kencana was up two sen to RM1.48 with 391,200 shares done.
Kencana said on Wednesday, July 7 the contract comprises of the procurement and construction wellhead platform topside, central processing platform topside, living quarters and bridge for PM329 East Piatu development project, located off Peninsular Malaysia.
At 9.25am, Kencana was up two sen to RM1.48 with 391,200 shares done.
Kencana said on Wednesday, July 7 the contract comprises of the procurement and construction wellhead platform topside, central processing platform topside, living quarters and bridge for PM329 East Piatu development project, located off Peninsular Malaysia.
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