Uzma awarded RM400m contract

KUALA LUMPUR: Uzma Bhd's wholly-owned subsidiary company Uzma Engineering Sdn Bhd was awarded a contract by Petronas Carigali Sdn Bhd valued between RM350 to RM400 million.
The contract is for the provision of services covering the leasing, operation and maintenance of a water injection facility for the D18 field in Peninsular Malaysia.
The company is obligated to deliver the water injection facility by March 31, 2016. The leasing period of the contract is up to five years effective from March 31, 2016.
"This major contract in this area of water injection services awarded to Uzma is a testament to our team's continuous development of efforts to help our clients further extend the production life cycle of brownfields. We hope to continue to play an increasing role in water injection services," said Uzma CEO Datuk Kamarul Redzuan in a statement.