ANTON OILFIELD(03337): The natural gas utilization project has kicked off in Sarawak, Malaysia.
Anton Oilfield Services (03337) announced that the Group received the award letter from the client on June 10, winning the bid for a project in Malaysia.
ANTON OILFIELD (03337) announced that on June 10th, the group received a letter of acceptance from a client, winning the bid for the investment construction and operation project of oil and gas processing facilities in Sarawak, Malaysia. This project is the first project of the group's natural gas utilization business in Sarawak, marking the first step in helping Sarawak market clients achieve the commercialization of natural gas. The project mainly involves providing investment construction and operation of oil and gas processing facilities, with a construction period of 400 days and a service period of 8 years. The group is also actively promoting cooperation in the downstream natural gas sector in this market to promote the comprehensive and efficient utilization of resources and enhance the value of the entire industry chain.
The natural gas utilization business is an innovative business segment that the group has focused on in recent years. It provides solutions to bridge the entire industry chain for natural gas that has not been effectively utilized in various markets. With the global sustainable development, energy transition driving the continuous high-speed growth of natural gas consumption demand, and the rapid development of the global emerging market economy driving the supply-demand gap in natural gas for power generation and industrial use, the natural gas utilization business will face new strategic development opportunities. The group will leverage its professional technical services, operation and maintenance management advantages, efficiently coordinate industry resources, and help clients achieve efficient utilization of natural gas resources to maximize the value of natural gas.
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