Malaysia's Dialog shares in gas pipeline contract

KUALA LUMPUR, March 7 (Reuters) - Malaysian oil-and-gas services firm Dialog Group (DIAL.KL: Quote, Profile, Research, Stock Buzz) has shared victory in a 1.6 billion ringgit ($506 million) contract to build a 512-km (318-miles) gas pipeline on Borneo island, Dialog said on Friday.

Malaysian state oil company Petronas had awarded the contract to Dialog and two other firms, India's Punj Lloyd Ltd (PUJL.BO: Quote, Profile, Research, Stock Buzz) and private Malaysian firm Petrosab Logistik Sdn Bhd, it added.

(Reporting by Mark Bendeich, editing by Syed Azman)