KUALA LUMPUR: PETRA ENERGY BHD [] (PEB) has entered into a memorandum of understanding with Labuan Shipyard & Engineering Sdn Bhd (LSE) to utilise the latter's shipyard facilities at Victoria Harbour situated at Labuan Island for purpose of fabrications activities.
In a statement Thursday, June 2, PEB said its wholly owned subsidiary Petra Resources Sdn Bhd had signed the MoU with LSE to explore areas of collaboration with regards to of fabrication yards, fabrication works and storage facilities; and to promote any other commercial endeavor for mutual benefit especially in oil and gas sector.
It said the collaboration between the two companies would bring value added contributions in shared expertise and joint development that would encourage mutual commercial benefit.
In a statement Thursday, June 2, PEB said its wholly owned subsidiary Petra Resources Sdn Bhd had signed the MoU with LSE to explore areas of collaboration with regards to of fabrication yards, fabrication works and storage facilities; and to promote any other commercial endeavor for mutual benefit especially in oil and gas sector.
It said the collaboration between the two companies would bring value added contributions in shared expertise and joint development that would encourage mutual commercial benefit.
No comments:
Post a Comment