T7 WINNING SUBSEA JOBS WILL BE ANOTHER PENERGY FOR TOPSIDE

November 22, 2019 By Calvin Tan Smart Investment

Dear Friends,

Recently, T7 Global has been awarded 2 OGSE Subsea Jobs

From Petronas Carigali for 5 years Well intervention, Workover & Decommissioning Jobs
From Vestigo for 5 years doing exactly the same types of Jobs

Both are Unbrella Jobs which mean T7 Global is having the Oversight of over 300 Oil & Gas Wells belonging to Petronas Carigali and for Vestigo more than a dozen Oil & Gas Wells

Another Company winning similar bid is Destini. So T7 Global & Destini will be contracted to maintain the subsea portion of Petronas Oil wells just as Dayang, Carimin & Penergy were given Umbrella contracts for Top side maintanance jobs

Let me illustrate:

Example is A Big Multi National Company With A Fleet of Company Vehicles = say 350 Units to 400 Units

They appoint 2 Workshops For 5 Years contract to keep this Fleet of Vehicles in Tip Top Running Condition for 5 Years

Now a Car or Truck needs servicing like Oil Change, Spark Plugs change, Engine Gasket & Piston Rings as well as Its Auto Gear Box that need constant maintainence

At any one day, week or month One or More of these Vehicles will need servicing & Repairs

Since They Call Out To Appointed OGSE either Destini or T7 Will bid for the Job of an Oil Well in need of Repair or Upkeep. Each Oil Well is like a mini city. Since the Job is huge the Profits will be very high

See how Dayang, Penergy & Carimin were Chosen for Top Side Maintainence

Company Announcements

OTHERS DAYANG ENTERPRISE HOLDINGS BHD (“DEHB” OR “THE COMPANY”) AWARD OF CONTRACT FOR THE PROVISION OF HOOK-UP, COMMISSIONING AND TOPSIDE MAJOR MAINTENANCE SERVICES FOR PETRONAS CARIGALI SDN BHD – PENINSULAR (NON-ANGSI AND OGT, OSC & TGAST RELATED WORKS)

DAYANG ENTERPRISE HOLDINGS BERHAD

Type	Announcement
Subject	OTHERS
Description	DAYANG ENTERPRISE HOLDINGS BHD ("DEHB" OR "THE COMPANY") AWARD OF CONTRACT FOR THE PROVISION OF HOOK-UP, COMMISSIONING AND TOPSIDE MAJOR MAINTENANCE SERVICES FOR PETRONAS CARIGALI SDN BHD - PENINSULAR (NON-ANGSI AND OGT, OSC & TGAST RELATED WORKS)
1. INTRODUCTION The Board of Directors of Dayang Enterprise Holdings Bhd (“DEHB” or “the Company”) is pleased to announce that its wholly-owned subsidiary company, Dayang Enterprise Sdn Bhd (“DESB”), has been awarded a contract for the Provision of Hook-up, Commissioning and Topside Major Maintenace Services for PETRONAS Carigali Sdn Bhd – Peninsular (Non-ANGSI and OGT, OSC & TGAST Related Works (“Contract”). 2. DURATION OF THE CONTRACT The duration of the Contract is for a period of fifteen (15) months effective from 16 August 2019 and shall expire on 15 November 2020.

Company Announcements

OTHERS Additional Information in respect of the Letter of Award

PETRA ENERGY BERHAD

Type	Announcement
Subject	OTHERS
Description	Additional Information in respect of the Letter of Award
Reference is made to the earlier announcement dated 4 September 2019 in respect of the Letter of Award for the Provision of Hook-Up, Commissioning and Topside Major Maintenance Services for PETRONAS Carigali Sdn. Bhd. – Sabah and Sarawak (Reference No. GA1-04092019-00033). The Board of Directors of Petra Energy Berhad wishes to announce that the contract value for the Provision of Hook-Up, Commissioning and Topside Major Maintenance Services for PETRONAS Carigali Sdn. Bhd. – Sabah and Sarawak (“Contract”) is on a “call-out” basis and will be paid on a milestone payment as stated in the Schedule of Price Rates according to the Contract. This announcement is dated 24 September 2019.

Company Announcements

OTHERS CARIMIN PETROLEUM BERHAD (“CPB” OR “THE COMPANY”) – AWARD OF CONTRACT FOR THE PROVISION OF HOOK-UP, COMMISSIONING AND TOPSIDE MAJOR MAINTENANCE SERVICES FOR PETRONAS CARIGALI SDN. BHD. – PENINSULAR (ANGSI AND TCOT RELATED WORKS)

CARIMIN PETROLEUM BERHAD

Type	Announcement
Subject	OTHERS
Description	CARIMIN PETROLEUM BERHAD ("CPB" OR "THE COMPANY") - AWARD OF CONTRACT FOR THE PROVISION OF HOOK-UP, COMMISSIONING AND TOPSIDE MAJOR MAINTENANCE SERVICES FOR PETRONAS CARIGALI SDN. BHD. - PENINSULAR (ANGSI AND TCOT RELATED WORKS)
1. INTRODUCTION The Board of Directors of CPB is pleased to announce that the Company’s wholly-owned subsidiary, Carimin Engineering Services Sdn. Bhd., had on 21 August 2019 accepted a Letter of Award dated 16 August 2019 for the provision of Hook-Up, Commissioning and Topside Major Maintenance Services for PETRONAS Carigali Sdn. Bhd. – Peninsular (Angsi and TCOT Related Works) (“the Contract”). 2. INFORMATION OF THE CONTRACT The Contract will be for a duration of fifteen (15) months, effective from 16 August 2019 and will expire on 15 November 2020.

AS YOU CAN SEE FROM THE ABOVE – ALL THREE DAYANG. PENERGY & CARIMIN WERE GIVEN IDENTICAL JOBS AT THE SAME TIME

ALL THREE WILL BID FOR OVER 350 OIL PLATFORM MAINTAINENCE ON A CALL OUT BASIS

THAT MEANS THAT THEY WILL BE GIVEN JOBS WHENEVER NEED ARISES

AND THEY ARE HIGHLY PROFITABLE INDEED!!

AS RESULTS OF PENERGY & DAYANG CAME OUT TODAY = DAYANG HAS REGISTERED THE HIGHEST PROFIT EVER FOR NOV 2019 AT OVER 10 SEN A QUARTER

NOW WHILE DAYANG, PENERGY & CARIMIN ARE ONLY GIVEN 18 MONTHS CONTRACT

BOTH DESTINI & T7 GLOBAL ARE GIVEN 5 YEARS OR 60 MONTHS JOBS FOR SUBSEA = WELL INTERVENTION, WORKOVER & DECOMMISSIONING

AND JUST AS DAYANG, PENERGY & CARIMIN TOOK CARE OF TOP-SIDE (THAT IS, THE DRY PART OF THE OIL RIG FROM ABOVE THE WATER MARK UPWARD = DESTINI & T7 GLOBAL ARE ALSO DOING MAINTAINENCE WORK FOR THESE SAME OIL WELLS (ONLY PORTION THEY DO IS UNDER WATER WHICH COMMAND HIGH PAY DUE TO THE NEED FOR SPECIAL SKILL)

IMAGINE DAYANG, PENERGY & CARIMIN SHARE PRICES HAVE GONE UP BY 200% TO 400% FROM THEIR LOWS NOW IT WILL BE T7 GLOBAL & DESTINI’S TURN

AN UNBRELLA OGSE JOB BY PETRONAS & ALSO BY VESTIGO FOR T7 CASE WILL GREATLY AMPLIFY THEIR PROFITS FOR THE NEXT 5 YEARS

AS SUCH NOW IS THE BEST TIME TO BUY INTO T7 GLOBAL AT 48 SEN AND DESTINI AT 23.5 SEN

BOTH ARE EXPECTED TO DOUBLE OR TRIPLE IN PRICES IN ONE SHORT YEAR FROM NOW

SEE JOB AWARDS FOR DESTINI

Company Announcements

OTHERS DESTINI BERHAD (“DESTINI” OR “COMPANY”) LETTER OF AWARD FROM PETRONAS CARIGALI SDN BHD FOR THE PAN MALAYSIA UMBRELLA CONTRACT FOR THE PROVISION OF INTEGRATED WELL SERVICES FOR INTERVENTION, WORKOVER & ABANDONMENT FOR PETROLEUM ARRANGEMENT CONTRACTORS.

DESTINI BERHAD

Type	Announcement
Subject	OTHERS
Description	DESTINI BERHAD ("DESTINI" OR "COMPANY") LETTER OF AWARD FROM PETRONAS CARIGALI SDN BHD FOR THE PAN MALAYSIA UMBRELLA CONTRACT FOR THE PROVISION OF INTEGRATED WELL SERVICES FOR INTERVENTION, WORKOVER & ABANDONMENT FOR PETROLEUM ARRANGEMENT CONTRACTORS.
The Board of Directors of Destini is pleased to announce that Destini Oil Services Sdn Bhd (“DOS”), a wholly-owned subsidiary of Destini, had on 20 September 2019 received a Letter of Award from PETRONAS Carigali Sdn Bhd (“PCSB”) for the Pan Malaysia Umbrella Contract for the Provision of Integrated Well Services for Intervention, Workover & Abandonment for Petroleum Arrangement Contractors (PACs) (“Contract”). Further details of the Contract are set out in the attachment below. This Announcement is dated 9 October 2019.

Company Announcements

OTHERS T7 Global Berhad (“the Company” or “T7 Global”) – Letter of Award for the provision of integrated well services for intervention, workover and abandonment for petroleum arrangement contractors from PETRONAS Carigali Sdn Bhd.

T7 GLOBAL BERHAD

Type	Announcement
Subject	OTHERS
Description	T7 Global Berhad ("the Company" or "T7 Global") - Letter of Award for the provision of integrated well services for intervention, workover and abandonment for petroleum arrangement contractors from PETRONAS Carigali Sdn Bhd.
The Board of Directors of T7 Global wishes to announce that Tanjung Offshore Services Sdn. Bhd. (“TOS”), a wholly-owned subsidiary of the Company had received the letter of award dated 20 September 2019 from PETRONAS Carigali Sdn. Bhd. for the provision of integrated well services for intervention, workover and abandonment for petroleum arrangement contractors. Please refer to the attached file for details of the announcement. This announcement is dated 22 October 2019.

Look at the fine print

T7 GLOBAL BERHAD (“the Company” or “T7 Global”)
– LETTER OF AWARD FOR THE PROVISION OF INTEGRATED WELL SERVICES
FOR INTERVENTION, WORKOVER AND ABANDONMENT FOR PETROLEUM
ARRANGEMENT CONTRACTORS FROM PETRONAS CARIGALI SDN BHD.
1. INTRODUCTION
Tanjung Offshore Services Sdn. Bhd. (“TOS”), a wholly-owned subsidiary of the
Company had received the letter of award dated 20 September 2019 from PETRONAS
Carigali Sdn Bhd., an umbrella contract for the provision of integrated well services for
intervention, workover and abandonment for petroleum arrangement contractors
(“PACs”) (“Contract”).

Notice the phrase an umbrella contract ?

That means like an umbrella the Job Awards cover all the 350 Over Oil Wells & Gas Wells of Petronas

LIKE ONE AWARD WITH 350 OVER JOBS AT ONE GO FOR 5 YEARS STRETCH

WILL T7 GLOBAL MAKE EQUAL OR MORE PROFITS THAN TOPSIDE PLAYERS LIKE DAYANG & PENERGY. THAT IS YET TO BE SEEN

AND AFTER WINNING UMBRELLA JOBS FROM PETRONAS T7 GLOBAL AGAIN WON 2 MORE JOBS (ONE UMBRELLA JOB FROM VESTIGO & ANOTHER FROM SAPURA)

See

OTHERS T7 Global Berhad (“the Company” or “T7 Global”) – Letter of Award for the provision of integrated well services for intervention, workover and abandonment from Vestigo Petroleum Sdn. Bhd.

T7 GLOBAL BERHAD

Type	Announcement
Subject	OTHERS
Description	T7 Global Berhad ("the Company" or "T7 Global") - Letter of Award for the provision of integrated well services for intervention, workover and abandonment from Vestigo Petroleum Sdn. Bhd.
The Board of Directors of T7 Global wishes to announce that Tanjung Offshore Services Sdn. Bhd. (“TOS”), a wholly-owned subsidiary of the Company had received the letter of award dated 10 October 2019 from Vestigo Petroleum Sdn. Bhd. for the provision of integrated well services for intervention, workover and abandonment.

MULTIPLE PROPOSALS T7 Global Berhad (“the Company” or “T7 Global”) – Letters of Award from Petronas Carigali Sdn. Bhd., Petrofac (Malaysia-PM304) Limited, SapuraOMV Upstream (PM) Inc. and SapuraOMV Upstream (Sarawak) Inc.

T7 GLOBAL BERHAD

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	T7 Global Berhad ("the Company" or "T7 Global") - Letters of Award from Petronas Carigali Sdn. Bhd., Petrofac (Malaysia-PM304) Limited, SapuraOMV Upstream (PM) Inc. and SapuraOMV Upstream (Sarawak) Inc.
The Board of Directors of T7 Global wishes to announce that Tanjung Offshore Services Sdn. Bhd. (“Tanjung Offshore”), a wholly-owned subsidiary of the Company had received the letter of award from Petronas Carigali Sdn. Bhd. for the provision of underwater inspection services using Mini-ROV. In addition, Fircroft Tanjung Sdn. Bhd., a subsidiary of Tanjung Offshore, which in turn is a sub-subsidiary of the Company had received the following letters of award:- Letter of award from Petrofac (Malaysia-PM304) Limited for the provision of drilling and completion manpower services; and Letters of award from SapuraOMV Upstream (PM) Inc. (formerly known as Sapura Exploration and Production (PM) Inc.) and SapuraOMV Upstream (Sarawak) Inc. (formerly known as Sapura Exploration and Production (Sarawak) Inc.) for the provision of third party manpower supply for Sapura exploration and production facilities and construction department. Please refer to the attached file for details of the announcement. This announcement is dated 31 October 2019.

WITH SO MANY HIGH SKILLED HIGH PROFIT JOBS COMING T7 GLOBAL’S WAY CALVIN THINK T7 GLOBAL CAN GO UP IN PRICE LIKE DAYANG, PENERGY & CARIMIN

Current price of T7 Global is 48 Sen

Calvin has a Target Price for T7 Global at Rm1.00 in one year’s time or more than 100% upside

Kindest regards

Calvin Tan Research

Singapore

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