Reservoir Hyperlink Vitality baggage contract for hydraulic providers challenge

KUALA LUMPUR: Reservoir Hyperlink Vitality Bhd unit Reservoir Hyperlink Sdn Bhd has acquired a contract from Roc Oil (Sarawak) Sdn Bhd for the supply of tubing reducing providers for a hydraulic workover marketing campaign.

In a bourse submitting, the group mentioned the contract is for a interval of 1 12 months from April 11, 2022, to April 10, 2023.

The contract shall be on a “call-out” foundation whereby work orders shall be issued by Roc Oil based mostly on the schedule of compensation.

“The Contract is anticipated to contribute positively in direction of the earnings of the Group for the monetary 12 months ending 31 December 2022 and all through the Contract Interval,” mentioned Reservoir Hyperlink Vitality.


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