M&G upbeat about recovery of oil and gas sector


Mohd Azlan said the upstream division is anticipating a busy year.

PETALING JAYA: Marine & General Bhd (M&G) is cautiously optimistic about its prospects as the oil and gas industry is expected to continue its recovery in the near term.

Executive chairman Tan Sri Mohd Azlan said the upstream division is anticipating a busy year in line with Petroliam Nasional Bhd’s (PETRONAS) positive outlook for drilling and exploration activities as highlighted in its Activity Outlook for 2023-2025.

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