Ramunia looks at upstream operations to expand revenue


ONSHORE fabrication is the bread and butter of Ramunia Holdings Bhd but the company is venturing into other components of the upstream value chain to expand its revenue stream. 

The most valuable Petronas licence the company has is called the major fabricator licence, which allows it, along with the other licence holders, to conduct onshore fabrication for majors such as Petronas Carigali, ExxonMobil or whoever operating out of Malaysia. 

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