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Icon Offshore wins RM39mil contract

PETALING JAYA: A unit of offshore support vessel provider Icon Offshore Bhd has secured a RM39mil contract to provide an anchor handling tug supply (AHTS) vessel for Sarawak Shell Bhd/Sabah Shell Petroleum Company Ltd.

Icon Offshore wins RM12.7m contract

PETALING JAYA: Icon Offshore Bhd’s wholly owned subsidiary - Icon Offshore Group Sdn Bhd - has secured a RM12.7mil contract from Carigali Hess Operating Company Sdn Bhd for the provision of an anchor handling tug supply vessel.

Icon secures RM12.7m contract for vessel charter

KUALA LUMPUR: ICON Offshore Bhd's wholly owned subsidiary Icon Offshore Group Sdn Bhd has secured a RM12.7mil contract from Carigali Hess Operating Company Sdn Bhd for the provision of an anchor handling tug supply vessel.

Maybank Research retains sell on Icon Offshore

KUALA LUMPUR: Maybank Investment Bank Research is retaining its sell call on Icon Offshore with an unchanged target price versus its last traded price of 12 sen based on 0.9 times enterprise value/ replacement value.

Murphy Oil nearing deal to sell Malaysian oil, gas assets to PTTEP

HONG KONG/SINGAPORE (Reuters): Murphy Oil Corp is nearing a deal to sell its Malaysian oil and gas assets to Thailand's PTTEP PCL, people familiar with the matter said, in the latest energy M&A transaction in the Southeast Asian nation.

Quick take: Alam Maritim shares up 4%, bags RM40mil contract

KUALA LUMPUR: Alam Maritim Resources Bhd is up 4% in early trade Tuesday in response to the award of a RM40mil contract to provide underwater inspection services.

Trading ideas: Alam Maritim, KNM, Protasco, Zelan

KUALA LUMPUR: JF Apex Research expects Alam Maritim Resources Bhd, KNM Group Bhd, Protasco Bhd and Zelan Bhd to be among the stocks to watch on Tuesday.

Sapura Energy rises after bagging RM760mil contracts

PETALING JAYA: The cyclical upturn in the oil and gas sector has seen Sapura Energy Bhd starting off steady with positive analyst recommendations and a rise in its stock price.