Friday, December 18, 2020

Reservoir Link secures RM46mil Mauritania contract

 





KUALA LUMPUR: Reservoir Link Energy Bhd's subsidiary has been awarded a US$11.5mil (RM46.44mil) contract by PC Mauritania 1 Pty Ltd for the provision of perforation and wash for the abandonment and decomissioning of Chinguetti and Banda Fields, offshore Mauritania.

The contract will not have any effect on the share capital and shareholding structure of the Company.

However, the contract is expected to contribute positively towards the earnings of RLSB and hence, the Company during the Contract duration.


At midday break, shares in Reservoir Link were up






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