T7 Global’s Manpower Subsidiary Secures 2 Years Contract for Hess Malaysia

Source: www.gulfoilandgas.com 4/13/2022, Location: Asia

Integrated energy solutions provider T7 Global Berhad’s (“T7 Global”) manpower subsidiary T7 Intelligent Resources Sdn. Bhd. (“T7IR”) had secured a 2-year contract worth RM6 million from Hess Exploration and Production Malaysia B.V. (“HESS”) for the Provision of Technical and Non-Technical Manpower for North Malay basin Integrated Gas Development Project.

T7IR is principally involved in recruitment and people solutions for the Energy, Information Communication Technology (“ICT”), Banking, Financial Technology and Construction industries. Its vision is to further promote the hiring and development of Malaysian talents in the ICT. Industry and Digital Space as well as within the Oil & Gas and New Energy industry. T7IR was formerly a 51% subsidiary of the Company until February 2021, when the Company took full control of T7IR.

T7 Global Berhad’s Chairman Datuk Seri Dr. Nik Norzrul Thani Bin N. Hassan Thani said, “We would like to thank HESS for their trust in our capabilities. This is the second manpower contract announced by the Group this year and we hope the momentum will continue. We will continue to improve our standards to better serve our clients’ in the long-term.”

The contract is expected to contribute positively towards T7 Global’s earnings and net assets for the next 2 years.

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