Financial Ports

Shell awards $113m offshore contract to KKB unit for Malaysian fields

CLAVE 1 / 4KKB Engineering subsidiary OceanMight secures Shell EPC contract worth part of $113m combined deal.

CLAVE 2 / 4Work covers four Malaysian fields: SK408 Teja, Pepulut, Temu and Inai.

CLAVE 3 / 4Contract runs from August 2026 to December 2027, with earnings impact expected.

CLAVE 4 / 4Two additional supply orders from Hock Seng Lee and Bumia complete the RM462m package.

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