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KUALA LUMPUR: Coastal Contracts Bhd (CCB), which provides marine vessels for the oil and gas industry, is eyeing a diversification into the liquefied natural gas (LNG) downstream sector with the signing of a memorandum of understanding (MoU) to take up a 49% stake in PT Jaya Samudra Karunia Gas (JSK Gas) for US$20.75mil (RM83.88mil).
KUALA LUMPUR: Coastal Contracts Bhd is tapping into the growing liquefied natural gas (LNG) supply chain in Indonesia with the purchase of a 49% stake in T Jaya Samudra Karunia for US$6.55mil (RM27mil).
SINGAPORE/SHANGHAI (Reuters) - Many operations have resumed at China's Tianjin port, trade sources said, after explosions last week that killed more than 100 people and disrupted business at what is an important oil, gas and bulk import harbour for Asia's biggest economy.
PETALING JAYA: Bumi Armada Bhd has secured a RM844mil (US$262mil) contract from Russia’s Lukoil-Nizhnevolzhskneft Ltd to provide three ice-class vessels to service offshore platforms in the Filanovsky field in the Caspian Sea.