Pursuant to paragraph 9.04(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Malaysia”), Barakah Offshore Petroleum Berhad ("the Company") wishes to announce that its wholly-owned subsidiary, PBJV Group Sdn Bhd (“PBJV”) has, on 9 March 2020, received notification from its appointed solicitors that a Notice of Adjudication had been served on Petronas Gas Berhad (“PGB”) on 28 February 2020 to claim for a sum RM6,848,129.48.

The said sum of RM6,848,129.48 is the valued sum for the pre-commissioning works to replace the whole stretch of the damaged pipeline crossing at Sungai Layau under Global Settlement Agreement dated 12 April 2018 and the Main Contract dated 21 April 2014 titled ‘PROCUREMENT, CONSTRUCTION AND COMMISSIONING (PCC) OF PENGERANG GAS PIPELINE PROJECT (formerly known as Procurement, Construction and Commissioning of RGT2 Pipeline Project).

The Company will make the appropriate announcements to Bursa Malaysia as and when there are material developments in relation thereof.

This announcement is dated 9 March 2020.