KUALA LUMPUR, July 1 (Bernama) — PETRONAS has awarded a group-wide, long-term Master Service Agreement (MSA) for Integrated Turnaround Main Mechanical and Maintenance Mechanical Static (TA4MS) to 17 local contractors to streamline its plant turnaround and daily maintenance vendor management.
The game-changing move, a consolidation of turnaround and daily maintenance contracts would provide local Oil & Gas Services & Equipment (OGSE) players with the avenue to increase their capability and capacity, while significantly achieving cost savings for the national oil company.