76 million ringgit ($10.5 million) against national upstream company Petronas Carigali relating to a contract for the provision of helicopter services, writes Amanda Battersby.
Boustead’s 51%-held subsidiary MHS Aviation made the multi-million dollar damages claim against the state-owned operator after it cancelled a contract for helicopter transfers. Under a 2011 deal, MHS was engaged by Petronas Carigali to provide five EC225 helicopters for use in the latter’s E&P operations.
However,
