T7 Global secures three-year hook-up and commissioning contract

KUALA LUMPUR: T7 Global Bhd's unit Tanjung Offshore Services Sdn Bhd has secured a contract from Searah (Malaysia) Sdn Bhd to provide hook-up and commissioning services in Peninsular Malaysia.

The contract, awarded under Package C1, commenced on Aug 21, 2026, and will run until Sept 26, 2029.

In a filing with Bursa Malaysia today, T7 Global said the letter of award was dated Aug 25, 2026, but approval to announce the contract was only received from Searah on Oct 27.

The company did not disclose the contract value.

T7 Global expects the contract to contribute positively to its earnings and net assets for the financial year ending Dec 31, 2026, and throughout the remaining contract period.

It said potential risks include the availability of skilled workers and equipment, as well as regulatory conditions.

T7 Global is an integrated energy services provider specialising in upstream oil and gas activities, including offshore production, maintenance, hook-up and commissioning, and well services.

The group also has an industrial solutions division, with activities spanning aerospace, infrastructure and specialist industrial services.