Alam Maritim sees falling oil prices as short-term issue

PETALING JAYA: Oil and gas (O&G) player Alam Maritim Resources Bhd is not too worried about falling oil prices, as it considers it a short-term issue that will not affect the demand for O&G support services.

“The drop in oil price is a short-term issue. We don’t think it will affect production, likewise, the O&G operations. The demand for support services remains strong and other maintenance activities are still in active mode,” group managing director and chief executive officer Azmi Ahmad told StarBiz.