Within expectation: Given that Petronas’ year-to-date capex has actually dwindled by 22, news that there will be more spending in the final quarter of this year is very much anticipated.
THERE are definitely some indications of more activities coming in the oil and gas (O&G) sector.
For one, Petroliam Nasional Bhd (Petronas) said last week that it would raise capital expenditure (capex) spending in the last quarter of this year, to lift production and increase capacity.
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