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Business 08 Feb 2018 | 12:00 AM Premium

Hibiscus on track to complete GUA-P2 side-track well

PETALING JAYA: Hibiscus Petroleum Bhd’s joint-venture company – Anasuria Operating Co Ltd (AOC) – which recently awarded a drilling rig contract to Seadrill Ltd’s subsidiary North Atlantic Drilling Ltd, is on track to complete the Guillemot A GUA-P2 side-track well.

Business 15 Nov 2014 | 12:00 AM Premium

Oily deal

WHAT was once seen as a lucrative oil and gas exploration project off the coast of Terengganu has now been delayed for almost a year.

Business 26 Jun 2013 | 12:00 AM Premium

Petronas Carigali forms new unit to develop marginal oilfields

PETALING JAYA: Petronas Carigali Sdn Bhd, the oil and gas exploration unit of Petronas, has formed a new unit to focus on marginal oil fields, sources said.

Corporate News 27 Dec 2017 | 12:00 AM Premium

Sime Darby Properties 'buy', Muhibbah Engineering 'buy', Dagang Nexchange 'add'

MAYBANK IB Research expects Sime Darby Property to unleash greater potential from its vast and diversified land bank, as it develops its land parcels or monetise them for quick gains.

Corporate News 30 Sep 2016 | 12:24 AM Premium

Dagang Nexchange trading at deep discount to IT, oil providers

KUALA LUMPUR: CIMB Equities Research has initiated coverage of information technology (IT) company Dagang Nexchange Bhd (formerly Time Engineering Bhd) which is moving into the oil and gas (O&G) sector.

Corporate News 07 Jul 2017 | 12:35 AM Premium

CIMB Research retains Add for DNex, target price 75 sen

KUALA LUMPUR: CIMB Equities Research is retaining its Add call for Dagang NeXchange (DNeX) with a higher sum-of-parts based target price of 75 sen following its maiden foray into downstream retail oil & gas. The last traded price was 59 sen.