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PETROLIAM Nasional Bhd (Petronas) is acquiring major oil and gas assets in Northern Africa in a 1.6bil euros (RM6.7bil) deal that would not only give it a significant foothold in the Atlantic Basin liquefied natural gas (LNG) market but also boost its status as a major player in the global LNG industry.
EUROPEAN oil and gas group Total is hopeful that the Malaysian and the Bruneian governments will be able to settle quickly their border dispute concerning the offshore K and J blocks in the South China Sea, Total chairman and chief executive officer Thierry Desmarest said.
OIL and gas engineering and heavy-fabrication group Ramunia Holdings Bhd will make its debut on the Bursa Malaysia second board in the last quarter of 2004 via the re-structuring and re-listing of Saship Holdings Bhd (SHB).