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Bigger OSV operators spared


Shamsul says there are indications that charter rates will come down.

Shamsul says there are indications that charter rates will come down.

IT appears that the boom times enjoyed by a number of oil and gas (O&G) support service providers may be slowing down a bit.

A warning by their biggest customer, Petroliam Nasional Bhd (Petronas), has served notice that bidding will be more competitive going forward.

OSV , Petronas , rates

   

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