Keyfield International Cautiously Optimistic For FY2025 Amid Macroeconomic Headwinds

By Siti Radziah Hamzah

KUALA LUMPUR, May 19 (Bernama) – Keyfield International Bhd, an offshore support vessel (OSV) provider, is adopting a cautiously optimistic outlook for the financial year ending December 31, 2025 (FY2025), despite a slower-than-usual start to the year and broader macroeconomic uncertainties.

Keyfield's 1Q 2025 Net Profit Drops To RM20.67 Mln On Lower Vessel Revenue

KUALA LUMPUR, May 15 (Bernama) -- Keyfield International Bhd posted a lower net profit of RM20.68 million for the first quarter ended March 31, 2025 (1Q 2025), compared with RM30.30 million in the same period last year.

Keyfield Signs MoU With Indonesian Party To Explore Marine Services Collaboration

KUALA LUMPUR, May 14 (Bernama) -- Keyfield International Bhd's wholly owned subsidiary, Keyfield Offshore Sdn Bhd, has entered into a memorandum of understanding (MoU) with PT Elnusa Trans Samudera (ETSA) to explore and pursue marine services opportunities, primarily in the oil and gas sector and related industries across Indonesia.

Keyfield International Unit Secures AWB Contract From Petronas Carigali

KUALA LUMPUR, May 13 (Bernama) -- Keyfield International Bhd’s (KIB) wholly owned subsidiary, Keyfield Offshore Sdn Bhd (KOSB), has secured a work order award (WOA) from Petronas Carigali Sdn Bhd (PCSB) for the provision of an accommodation work boat (AWB).

CIMB Downgrades Recommendations On Petronas Chemicals To ‘Hold’

KUALA LUMPUR, May 9 (Bernama) -- CIMB Securities Sdn Bhd has downgraded its recommendation for Petronas Chemicals Group Bhd (PChem) to a "Hold” from “Buy”.

Elixir Medical Debuts LithiX HC-IVL System In APAC With Breakthrough Procedures In Malaysia

KUALA LUMPUR, April 28 (Bernama) -- Elixir Medical, a developer of disruptive technologies to treat cardiovascular disease, has announced the first clinical use of its LithiX Hertz Contact (HC) Intravascular Lithotripsy System (IVL) in the Asia Pacific (APAC) region, marking a significant milestone in the device's global introduction.

Petronas Inks 11 MoUs To Strengthen OGSE Sector

KUALA LUMPUR, April 24 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has signed 11 memoranda of understanding (MoUs) aimed at strengthening Malaysia’s oil and gas services and equipment (OGSE) sector.

Petronas' Unit Delivers First LNG Cargo To PetroVietnam's Subsidiary

Continue To Explore Investment Opportunities Abroad, Extend The Sharing Of Technology - Fadillah

From Salawaty Supardi

ISTANBUL, April 23 (Bernama) – Major Malaysian companies are encouraged to continue exploring investment opportunities abroad to strengthen business collaboration and, more crucially, to extend the sharing of technology and expertise, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

TMD Energy Debuts On NYSE American, First Malaysian Bunker Supplier To Do So

KUALA LUMPUR, April 22 (Bernama) -- Integrated marine bunkering services provider TMD Energy Ltd began trading on the NYSE American under the ticker symbol “TMDE”, becoming the first Malaysian marine bunker supplier to list on a major US exchange.

BPHB On Course To Make Bintulu, Samalaju Industrial Ports CCS-enabled Hubs

KUCHING, April 21 (Bernama) -- Bintulu Port Holdings Bhd (BPHB) is advancing the establishment of a carbon capture and storage (CCS) infrastructure at Bintulu Port and Samalaju Industrial Port as part of its long-term sustainability strategy.

Sapura Energy Secures RM100 Mln Offshore Support Vessel Contracts In Malaysia, Thailand

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.