Petronas dish out multiple contracts worth up to $2.32 billion

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Click on the top to follow us Malaysian state energy Petronas is poised to dish out multiple deals together valued at between 8 billion ringgit ($1.85 billion) to 10 billion ringgit ($2.3 billion) to leading domestic contractors, as part of its maintenance, construction and modification (MCM) initiatives, according to The Edge, the nation's leading business publication. Several contractors have been notified of their successful bids, while letters of award (LoAs) are expected to follow soon, the report claimed. The MCM contracts will be awarded on a five-year basis and split into 15 to 16 packages, with work likely to commence early next year. For more information, please scan the QR code！ ………………………………