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Business plans and financial strength not impacted
KUALA LUMPUR: Sapura Energy Bhd has clarified that its joint venture with Seadrill in Brazil - Sapura Navegacao Maritima SA (SNM) - was not impacted by the recent bankruptcy Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia.
PETALING JAYA: Deepwater drilling contractor Seadrill Ltd has filed for bankruptcy protection for its Asian units following the impact of the Covid-19 pandemic on the global economy.
PETALING JAYA: It appears that vaccination is the best way for Malaysian athletes to stop the Covid-19 virus from disrupting the sporting landscape in 2021.
TWO Malaysian scientists are building the nation through their research efforts.
THE recovery in the oil and gas (O&G) sector will be slow and gradual, and uncertainties still linger on the supply side.
KUALA LUMPUR: AmInvestment Bank Research expects Sapura Energy Bhd's order book to be boosted by nearly a third if it secures its bid for a contract for the central processing platform for SapuraOMV Upstream Sdn Bhd's Jerun field development in offshore Sarawak.
PETALING JAYA: The recovery in the oil and gas (O&G) sector is likely to be slow as the demand and supply situation remains unstable.
KUALA LUMPUR:Oil and gas (O&G) related counters saw gains this morning as oil futures rallied by nearly 5% on Tuesday.
KUALA LUMPUR: Bursa Malaysia experienced accelerated selling pressure on the first trading day of the year as the the suspension on regulated short-selling was lifted.