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ANALYSTS are maintaining an overweight stance on the oil and gas (OG) sector following robust demand for hydrocarbons globally.
Alam Maritim Resources Bhd is confident of a 30% to 40% growth in revenue next year given the acquisition of seven new offshore support vessels to its fleet, according to group managing director Azmi Ahmad.
Alam Maritim Resources Bhd expects demand for offshore support vessels (OSV) to remain buoyant over the next three to five years given the current up-cycle in the oil and gas (OG) sector, managing director Azmi Ahmad said.