Deleum eyes M&A with Malaysian O&G companies

KUALA LUMPUR: Deleum Bhd is eyeing out for merger and acquisition (M&A) opportunities with other local oil and gas (O&G) services provider as part of its expansion plans, said group managing director Nan Yusri Nan Rahimy.

“We have identified several potentials for M&As that will complement our current businesses, mainly in oil field services and maintenance, repair and overhaul (MRO),” he told reporters after the group AGM on Tuesday.