KUALA LUMPUR, April 15 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary Keyfield Ventures (Labuan) Ltd (KVL), has signed a memorandum of agreement (MoA) with China’s Taizhou Sanfu Ship Engineering Co Ltd to acquire a new 98-metre-long Dynamic Positioning 2 (DP2) cable-laying barge.
KUALA LUMPUR, April 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (Petrovietnam) have signed a key principles agreement (KPA) to extend the production sharing contract (PSC) and upstream gas sales agreement (UGSA) for the PM3 commercial arrangement area (CAA) for another 20 years.
KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.
KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).
By Siti Radziah Hamzah
KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 6 (Bernama) -- As the United States, under President Donald Trump, moves to reshape the global trading system to its advantage, Malaysia's role as ASEAN chair in 2025 will be critical in charting the bloc’s next stage of economic growth.
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.
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.
KUALA LUMPUR, March 15 (Bernama) -- The government’s RM1.1 billion investment in Sapura Energy Bhd (SEB) is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to approximately more than RM10 million, offering a much-needed boost to the local oil and gas ecosystem.
KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.
KOTA KINABALU, March 7 (Bernama) - The Sabah government has called on oil and gas services and equipment (OGSE) companies in the state to grab opportunities in the sector provided by national oil company Petronas in the next two years.
