Reality check: While there are eight O&G fabrication yards in Malaysia, Petronas’ requirements for the next few years will only be sufficient to cater to the optimum utilisation of two to three fabrication yards. – Reuters
By RISEN JAYASEELAN
KUALA LUMPUR: There still needs to be more consolidation in the oil and gas (O&G) industry, according to Petroliam Nasional Bhd (Petronas) president and chief executive Datuk Wan Zulkiflee Wan Ariffin.
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