PJBumi in Indonesian O&G venture


PETALING JAYA: PJBumi Bhd’s wholly-owned subsidiary, PJBumi Heavy Engineering & Services Sdn Bhd (PJBumiHES) has entered into a joint management agreement with PT Indodrill Bumi Persada (IBP).

In a filing with Bursa Malaysia, PJBumi said the collaboration will enable PJBumiHES to leverage on the expertise of IBP as an integrated drilling services company that provides engineering services and solutions in the oil and gas sector within Indonesia as well as regionally.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Sunway Healthcare posts strong FY25 growth
ECRL project has achieved 92.62% construction progress as of February 2026
Hartanah Kenyalang’s 1Q profit drops 64% as revenue declines
Aneka Jaringan wins RM82.8mil subcontract for New Pantai Highway extension
Pharmaniaga exits PN17 status
Ringgit ends higher against US dollar, other major currencies amid stable regional sentiment
PMCK pushes digital initiatives amid steady healthcare demand
Keyfield secures RM162mil charter contracts for offshore vessels
FBM KLCI slips on cautious sentiment amid mixed regional markets
I am not involved in any kind of 'corporate mafia' tactics, says Victor Chin

Others Also Read