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There are 173 news based on search keyword " offshore"

Foreign Investors Shift To Safer Malaysian Assets Amid Market Volatility

KUALA LUMPUR, March 28 (Bernama) -- Volatile stock markets, driven by global economic uncertainties and shifting policies, have unsettled investors, prompting a shift towards domestic money market funds in search of stability.  

EPIC Aims To Continue Expanding Renewable Energy Business

KUALA LUMPUR, March 27 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (EPIC), a subsidiary of the Terengganu state government, aims to continue expanding its renewable energy (RE) business, including the installation and maintenance of solar farms and rooftop solar projects.

Ringgit Gains At Open, Boosting Appeal Among Emerging Currencies

KUALA LUMPUR, March 26 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning as investors viewed Malaysia’s political and policy stability favourably among emerging markets, boosting the currency’s appeal amid mixed global sentiment.  

Epic Targets Higher FY2025 Revenue Following New Petronas Contracts -- CEO

KUALA LUMPUR, March 17 (Bernama) -- Eastern Pacific Industrial Corporation Bhd (Epic) is targeting a higher revenue of RM470 million for the financial year 2025 (FY2025), following its strong FY2024 performance that saw revenue reaching RM403.8 million, the highest in the company’s history.

Petronas Announces First Oil Delivery From GKGJE Phase 4

KUALA LUMPUR, March 10 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.

Bumi Armada Shares Rise In Early Trade After Securing Contracts

KUALA LUMPUR, March 10 (Bernama) -- Bumi Armada Bhd shares rose in early trade after the group secured two contracts worth a total of RM578.4 million from India's state-owned oil company Oil and Natural Gas Corporation Ltd (ONGC).

Bumi Armada Bags Two Contracts Worth Rm578.4 Mln

KUALA LUMPUR, March 7 (Bernama) -- Bumi Armada Bhd has secured two contracts worth a total of RM578.4 million from India's state-owned oil company, Oil and Natural Gas Corporation Ltd (ONGC). 

CCUS Bill, Regulations Related To Co2 In Offshore Areas Need To Be Enforced By March 31 - Economy Ministry

KUALA LUMPUR, March 5 (Bernama) -- The Economy Ministry emphasised the need to develop and enforce the Carbon Capture, Utilisation and Storage Bill (CCUS Bill) and regulations related to the importation and permanent storage of carbon dioxide in offshore areas by March 31, 2025.

Petronas Seen Maintaining RM50 Bln CAPEX In 2025 Despite Petros Uncertainties

KUALA LUMPUR, Feb 26 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Petroliam Nasional Bhd (Petronas) to maintain its capital expenditure (capex) at RM50 billion or higher in the financial year 2025 (FY2025).

Destini Bhd’s Unit Secures Contract Worth RM10 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Engineering solutions provider Destini Bhd’s subsidiary, Destini Oil Services Sdn Bhd (DOS), has secured a RM10 million contract from EnQuest Petroleum Production Malaysia Ltd (EPPML) to provide tubular running services (TRS) for offshore operations.

MISC’s Net Profit Slips To RM1.19 Bln In FY2024 From RM2.12 Bln In FY2023

KUALA LUMPUR, Feb 21 (Bernama) -- MISC Bhd’s net profit for the financial year ended Dec 31, 2024 (FY2024) declined to RM1.19 billion from RM2.12 billion registered in 2023.

SeRenE, Megamas Resources Partner To Establish Semarak MIS JV

KUALA LUMPUR, Feb 21 (Bernama) -- Semarak Renewable Energy Sdn Bhd (SeRenE) has inked a memorandum of agreement (MoA) with Megamas Resources, a Singapore-based marine and offshore services provider, to establish a new joint venture company, Semarak MIS Sdn Bhd.