Reservoir Link wins PETRONAS Carigali contract

Reservoir Link wins PETRONAS Carigali contract

The Star Online - Business·2025-07-01 11:03

PETALING JAYA: Reservoir Link Energy Bhd

has bagged another contract from PETRONAS Carigali Sdn Bhd that will generate about RM100mil in revenue over a four-year period.

The contract, which was received by the group’s wholly-owned subsidiary Reservoir Link Sdn Bhd, involves the provision of annulus wash and cement assurance.

On an annual basis, the contract is expected to generate up to RM25mil.

To put it into perspective, Reservoir Link’s full-year revenue in the financial year ended June 30, 2024, was RM186.2mil.

In a stock exchange filing, Reservoir Link said the work order commenced on May 26, 2025, for a period of four years until May 25, 2029. “We are incredibly proud to announce a significant achievement having secured our second contract win from PETRONAS Carigali in 2025.”

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