Samsung-Naim JV, a joint venture between its subsidiary NCSB Engineering Sdn Bhd and Samsung Engineering Co Ltd, has received a contract worth US$766.39 million from Petronas Carigali Sdn Bhd to provide services for the Sabah Oil and Gas Terminal project.
The scope of work involved the engineering procurement, construction and commissioning of the project.
The project would enhance its order book and was also in line with its strategy to participate in projects in the development of oil and gas industry in the country.
The joint venture is actively working on securing the participation of local Sabah Bumiputera contractors for this contract in line with the requirements of Petronas Carigali.
FBM KLCI - reversed earlier gains to end lower, trend is down
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Stocks on Bursa Malaysia ended mixed Wednesday with the benchmark FBMKLCI
fell 0.43% to close at its intraday low, reversing earlier gains as a wave
of ...
1 hour ago

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