Vantris Energy Bags Transportation and Installation Work Order
Vantris Energy's (KLSE:SAPNRG) engineering and construction and drilling segments secured work orders for the provision of transportation and installation and tender-assisted drilling rig services in Malaysia, according to a Tuesday filing.The contracts were secured by subsidiary, VTEB Offshore and awarded by Petronas Carigali.Works have commenced in the second quarter of 2026, with delivery expected by the third quarter of 2027.Additionally, the integrated energy services company's unit also secured a notice of assignment from Petronas Carigali and a new contract from Vestigo Petroleum for drilling rig services.The new contracts take the company's order book beyond 6 billion ringgit.