# Petra Energy Wins Two-Year Field Operations Contract for Sarawak’s SK407 Block
*Author: Solar PV Expert | Category: news | Published: Wed Jun 10 2026 10:38:59 GMT+0000 (Coordinated Universal Time)*

### English
* **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.
* **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.
* **Duration:** The agreement spans two years, effective from April 1, 2026, to March 31, 2028.
* **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.
* **Operational Focus:** This award strengthens Petra Energy’s upstream oil and gas footprint in Malaysia, complementing its existing maintenance and asset management portfolio.

### 中文
* **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。
* **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。
* **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。
* **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。
* **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。