The Board of Directors of Muhibbah Engineering (M) Bhd. announced that it has via a consortium whereby Muhibbah, the consortium lead partner, accepted the award from PETRONAS Carigali Sdn Bhd (PCSB), a subsidiary of Petroliam Nasional Berhad (PETRONAS), for the Provision of Engineering, Procurement, Construction and Commissioning + Installation (EPCC+I) of Light Weight Structure (LWS), Duyong Brownfield Modification and Host Tie-In for Gansar Project, 190 KM from Terengganu shore. The total contract value is approximately MYR 322 million (the Contract).

The Contract is scheduled to commence immediately and is expected to be completed within 22 months from the commencement/effective date. The Contract is expected to contribute positively to the earnings and net assets of the Muhibbah Group for the current and future financial years.