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Corporate News 07 Dec 2018 | 8:18 AM Premium

Indonesia's Pertamina reaches financial close on US$1.8b gas power station project

JAKARTA: Indonesian state-owned energy firm Pertamina on Friday said it reached financial close for a US$1.8 billion integrated gas-fired power station project on Dec. 5 with Japanese partners Marubeni Corp and Sojitz Corp .

Corporate News 15 Mar 2018 | 11:10 PM Premium

Shell close to easing out Petronas to clinch Hong Kong's LNG import deal

SINGAPORE: Royal Dutch Shell is close to bagging a deal to supply Hong Kong with liquefied natural gas (LNG), beating out major competitors for the right to be the first company to supply LNG to the city.

Corporate News 15 Nov 2017 | 11:18 AM Premium

Sapura Energy group gets RM1.47b of contracts

KUALA LUMPUR: Sapura Energy Bhd's direct and indirect units have secured RM1.47bil worth of contracts to provide its services to Petronas Carigali Sdn Bhd, Repsol Oil & Gas Malaysia Ltd, the Refinery and Petrochemical Integrated Development (RAPID) and in Brazil.

Business 02 Aug 2016 | 12:00 AM Premium

Coastal Contracts taps Indonesian LNG market

PETALING JAYA: Marine services company Coastal Contracts Bhd is tapping into the growing liquefied natural gas (LNG) supply chain in Indonesia with the purchase of a 49% stake in PT Jaya Samudra Karunia for US$6.55mil (RM27mil).

Corporate News 01 Aug 2016 | 7:15 PM Premium

Coastal Contracts eyes 49% stake in Indonesian LNG project

KUALA LUMPUR: Coastal Contracts Bhd (CCB), which provides marine vessels for the oil and gas industry, is eyeing a diversification into the liquefied natural gas (LNG) downstream sector with the signing of a memorandum of understanding (MoU) to take up a 49% stake in PT Jaya Samudra Karunia Gas (JSK Gas) for US$20.75mil (RM83.88mil).