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Flash Note – Petra Energy (ADD, under review) - Securing Shell offshore crane O&M contract




Affin Hwang Investment Bank Bhd


12 May 2013





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Securing Shell offshore crane operations & maintenance contract Petra Energy announced that its wholly-owned subsidiary, Petra Resources Sdn Bhd has been awarded a contract to provide offshore crane operations & maintenance services (“O&M”) for Sarawak & Sabah Shell. The contract duration is 3 years, effective from 1st May 2013 and shall expire on 30th April 2016, with an extension option for 1 year.

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