KUALA LUMPUR: Uzma Bhd’s wholly owned foreign subsidiary MMSVS Group Holding Co Ltd Thailand has received a contract award from companies of PTTEP Group for the provision of hydraulic workover unit (HWU) services.

       In a filing with Bursa Malaysia, Uzma said the value of the contract is US$10mil (RM44mil) over the estimated contract period of three years.

       “PTTEP’s scope of work comprises of HWU and associated equipment service required for workover and well services activities at onshore Thailand.

       “The duration of the contract is for three years on a callout basis where the services shall be provided upon PTTEP’s written callout notice,” it said. — Bernama