{"article":{"id":262,"slug":"petra-energy-wins-two-year-field-operations-contract-for-sarawaks-sk407-block","title":"Petra Energy Wins Two-Year Field Operations Contract for Sarawak’s SK407 Block","category":"news","summary":"    English     Contract Award:   Petra Energy Development Sdn. Bhd., a subsidiary of Petra Energy Bhd, has secured a field operations management services contr","content":"### English\n* **Contract Award:** Petra Energy Development Sdn. Bhd., a subsidiary of Petra Energy Bhd, has secured a field operations management services contract from Vestigo Petroleum Sdn. Bhd.\n* **Scope of Work:** The contract focuses on the SK407 production sharing contract (PSC) and covers five offshore fields: West Lutong, Baram, Tukau, Siwa, and Fairly Baram, located offshore Miri, Sarawak.\n* **Duration:** The agreement spans two years, effective from April 1, 2026, to March 31, 2028.\n* **Financial Details:** While no fixed value was disclosed in the Letter of Award (LoA), the company expects the project to contribute positively to its earnings and net assets.\n* **Operational Focus:** This award strengthens Petra Energy’s upstream oil and gas footprint in Malaysia, complementing its existing maintenance and asset management portfolio.\n\n### 中文\n* **合同授予：** Petra Energy Bhd 的子公司 Petra Energy Development Sdn. Bhd. 已获得 Vestigo Petroleum Sdn. Bhd. 颁发的油田运营管理服务合同。\n* **工作范围：** 该合同涵盖位于砂拉越美里外海的 SK407 产品分成合同（PSC）区域，涉及五个海上油田：West Lutong、Baram、Tukau、Siwa 和 Fairly Baram。\n* **合同期限：** 合同为期两年，从 2026 年 4 月 1 日开始，至 2028 年 3 月 31 日结束。\n* **财务细节：** 授标函（LoA）中未披露具体金额，但公司预计该项目将对其收益及每股净资产产生积极贡献。\n* **业务重心：** 此项合同进一步巩固了 Petra Energy 在马来西亚上游油气领域的地位，并补充了其现有的维护与资产管理业务组合。","html_content":"<h3>English</h3>\n<ul>\n<li><strong>Contract Award:</strong> Petra Energy Development Sdn. Bhd., a subsidiary of Petra Energy Bhd, has secured a field operations management services contract from Vestigo Petroleum Sdn. Bhd.</li>\n<li><strong>Scope of Work:</strong> The contract focuses on the SK407 production sharing contract (PSC) and covers five offshore fields: West Lutong, Baram, Tukau, Siwa, and Fairly Baram, located offshore Miri, Sarawak.</li>\n<li><strong>Duration:</strong> The agreement spans two years, effective from April 1, 2026, to March 31, 2028.</li>\n<li><strong>Financial Details:</strong> While no fixed value was disclosed in the Letter of Award (LoA), the company expects the project to contribute positively to its earnings and net assets.</li>\n<li><strong>Operational Focus:</strong> This award strengthens Petra Energy’s upstream oil and gas footprint in Malaysia, complementing its existing maintenance and asset management portfolio.</li>\n</ul>\n<h3>中文</h3>\n<ul>\n<li><strong>合同授予：</strong> Petra Energy Bhd 的子公司 Petra Energy Development Sdn. Bhd. 已获得 Vestigo Petroleum Sdn. Bhd. 颁发的油田运营管理服务合同。</li>\n<li><strong>工作范围：</strong> 该合同涵盖位于砂拉越美里外海的 SK407 产品分成合同（PSC）区域，涉及五个海上油田：West Lutong、Baram、Tukau、Siwa 和 Fairly Baram。</li>\n<li><strong>合同期限：</strong> 合同为期两年，从 2026 年 4 月 1 日开始，至 2028 年 3 月 31 日结束。</li>\n<li><strong>财务细节：</strong> 授标函（LoA）中未披露具体金额，但公司预计该项目将对其收益及每股净资产产生积极贡献。</li>\n<li><strong>业务重心：</strong> 此项合同进一步巩固了 Petra Energy 在马来西亚上游油气领域的地位，并补充了其现有的维护与资产管理业务组合。</li>\n</ul>\n","author":"Solar PV Expert","tags":"","meta_description":"    English     Contract Award:   Petra Energy Development Sdn. Bhd., a subsidiary of Petra Energy Bhd, has secured a field operations management serv","published":true,"created_at":"2026-06-10T10:38:59.746Z","updated_at":"2026-06-12T06:52:26.515Z","source_url":"https://www.businesstoday.com.my/2026/04/24/petra-energy-secures-field-operations-contract-for-sk407-block-in-sarawak/","source_name":null,"published_at":null,"noindex":false,"marketing_line":"Malaysia clean energy market is booming. Eternalgy powers your transition with premium solar PV: https://eternalgy.me/petra-energy-wins-two-year-field-operations-contract-for-sarawaks-sk407-block","marketing_line_cn":"马来西亚清洁能源市场蓬勃发展。Eternalgy以优质太阳能光伏助力您的转型：https://eternalgy.me/petra-energy-wins-two-year-field-operations-contract-for-sarawaks-sk407-block"},"schemaData":{"@context":"https://schema.org","@graph":[{"@type":"NewsArticle","@id":"https://eternalgy.me/petra-energy-wins-two-year-field-operations-contract-for-sarawaks-sk407-block#newsarticle","headline":"Petra Energy Wins Two-Year Field Operations Contract for Sarawak’s SK407 Block","description":"    English     Contract Award:   Petra Energy Development Sdn. 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