What’s next for Tanjung Offshore?

  • Business Premium
  • Saturday, 03 Jan 2015

TANJUNG Offshore Bhd is fast looking as the latest casualty of the oil price decline.

On Monday, the company, whose share price has almost halved since the oil price collapse in June, said its deal with Paris-based oil and gas (O&G) giant Bourbon SA had been called off. The reason? Declining oil prices.

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