# Petra Energy Secures Two-Year Field Operations Contract in Sarawak *Author: Solar PV Expert | Category: news | Published: Wed Jun 10 2026 10:36:38 GMT+0000 (Coordinated Universal Time)* ### English * **Contract Award:** Petra Energy Development Sdn Bhd, a subsidiary of Petra Energy Berhad, has been awarded a contract by Vestigo Petroleum Sdn Bhd for field operations management services (FOMS). * **Scope of Work:** The agreement covers five offshore fields within the SK407 license located offshore Miri, Sarawak: West Lutong, Baram, Tukau, Siwa, and Fairly Baram. * **Duration:** The contract is set for a two-year term, effective from April 1, 2026, to March 31, 2028. * **Financials:** While the letter of award does not specify a fixed contract value, the company expects the project to contribute positively to its earnings and net assets per share. * **Strategic Impact:** This win strengthens Petra Energy’s position in upstream oil and gas operations and complements its existing asset management and production-sharing activities. ### 中文 * **合同授予:** Petra Energy Berhad 旗下的全资子公司 Petra Energy Development Sdn Bhd 已获得 Vestigo Petroleum Sdn Bhd 颁发的油田作业管理服务 (FOMS) 合同。 * **工作范围:** 该协议涵盖位于砂拉越美里外海 SK407 许可证区域内的五个海上油田:West Lutong、Baram、Tukau、Siwa 和 Fairly Baram。 * **合同期限:** 合同有效期为两年,自 2026 年 4 月 1 日起至 2028 年 3 月 31 日止。 * **财务状况:** 虽然中标函中未设定固定合同价值,但该公司预计该项目将对其收益和每股净资产产生积极贡献。 * **战略意义:** 此项合同进一步巩固了 Petra Energy 在上游油气业务中的地位,并与其现有的资产管理和产量分成活动形成互补。