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KUALA LUMPUR, April 16 (Bernama) -- Sapura Energy Bhd’s (SEB) operations and maintenance (O&M) division has been awarded multiple offshore support vessel (OSV) contracts in Malaysia and Thailand, totalling close to RM100 million.
KUALA LUMPUR, April 16 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Keyfield International Bhd’s daily charter rate (DCR) in the local offshore support vessel (OSV) market to remain stable or slightly lower year-on-year, supported by tight supply and rising demand despite global macroeconomic challenges.
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 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).
KUALA LUMPUR, April 9 (Bernama) -- Sapura Energy Bhd’s wholly owned subsidiary, Sapura Fabrication Sdn Bhd, has secured a RM40 million contract for maintenance, construction and modification services for offshore facilities in Peninsular Malaysia.
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 Yin Shao Loong
KUALA LUMPUR, April 4 (Bernama) -- The April 2 tariffs unveiled by United States (US) President Donald Trump have shocked the world and represent a departure from the globalisation policy of previous US administrations.
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.
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 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.
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.
