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Uzma gets contract from ExxonMobil
PETALING JAYA: Uzma Bhd’s unit has been awarded a contract for the provision of non-rig assisted electric wireline logging equipment and services at West Malaysia waters from ExxonMobil Exploration and Production Malaysia Inc (EMEPMI).
Uzma wins contract from ExxonMobil
KUALA LUMPUR: Uzma Bhd’s wholly owned subsidiary Uzma Engineering Sdn Bhd (UESB), has received a contract from ExxonMobil Exploration and Production Malaysia Inc.
Investors prioritising ESG principles
OIL prices may be on the rise but so far that has had little impact on local oil and gas (O&G) counters. Bursa Malaysia’s Energy Index has declined 8% or 64 points to 735.59 points over the last one year.
Trading ideas: Eita Resources, Uzma, Affin Bank, Axiata, Tasco, Pavilion REIT, LKL International, Parlo and Westports
KUALA LUMPUR: Stocks that could receive investor interest on Friday include Eita Resources, Uzma, Affin Bank, Axiata, Tasco, Pavilion REIT, LKL International, Parlo and Westports, says JF Apex Research.
Uzma unit bags EnQuest job
KUALA LUMPUR: Uzma Bhd’s wholly-owned subsidiary Uzma Engineering Sdn Bhd has been awarded a “call-off order” from EnQuest Petroleum Production Malaysia Ltd (EnQuest) for the provision of a hydraulic workover unit (HWU) worth RM30mil
Uzma unit bags EnQuest job worth RM30mil
KUALA LUMPUR: Uzma Bhd’s wholly-owned subsidiary Uzma Engineering Sdn Bhd has been awarded a "call-off order” from EnQuest Petroleum Production Malaysia Ltd (EnQuest) for the provision of a hydraulic workover unit (HWU) worth RM30 million.
O&G upstream activities poised to get a boost
PETALING JAYA: Oil and gas (O&G) upstream activities should recover with greater momentum even though further downward revisions in crude oil demand by major agencies in the coming months can be expected.
Petronas activities set to support sector recovery
PETALING JAYA: The potential improvement in most of Petroliam Nasional Bhd’s (Petronas) key value chains in 2022-2024 is expected to lend support for a recovery in the local oil and gas services and equipment (OGSE) sector in 2022, say analysts.
Higher capex cheer for oil and gas sectors
Petronas’ increased spend from 2022 to boost earnings
