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They include gas fields in North Malay Basin in offshore M’sia
KUALA LUMPUR: CIMB Equities Research has upgraded its sum-of-parts based target price for MISC to RM7.08 as it had been too conservative on secondhand tanker prices and as it incorporated the new FSO Bergading contract.
KUALA LUMPUR: Petronas has launched VDPx – a new vendor development scheme under the company’s existing Vendor Development Programme (VDP) to boost capabilities of local companies in the oil and gas industry.
KUALA LUMPUR: Petroliam Nasional Bhd has launched a new vendor development scheme to nurture local entrepreneurs to overcome high-entry barriers to the oil and gas industry and create a pool of vendors who can generate value.
KUALA LUMPUR: Marine and General Bhd’s (M&G) subsidiary, Jasa Merin (M) Sdn Bhd, has secured a RM17mil contract from Hess Exploration and Production BV.
TUNIS (Reuters) - After a relatively stable spell, Libya's oil production has see-sawed again because of a standoff at eastern export terminals and the abduction of two workers at the giant Sharara oilfield.
MISC announced last Friday that it had signed a 16-year long-term charter contract with Hess Exploration and Production Malaysia BV for the lease of a floating, storage and offloading facility (FSO), known as FSO Mekar Bergading, on a bareboat basis.
Inari Amerton Bhd, IJM Corp Bhd, MISC Bhd and Ta Ann Holdings Bhd.
KUALA LUMPUR: Kenanga Research expects weaker FY18 and FY19 earnings for MISC Bhd on the back of continued losses in its petroleum shipping segment as spot petroleum shipping rates continue to show little signs of recovery due to tonnage oversupply.
Steel prices and aluminium premiums shooting up in US