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Business 01 Jan 2008 | 12:00 AM

Petronas awards natural gas offshore contract

Petroliam Nasional Bhd (Petronas) yesterday awarded a production sharing contract (PSC) to Shell Energy Asia Ltd, ConocoPhillips Sabah Gas Ltd and Petronas Carigali Sdn Bhd for the exploration, development and production of natural gas from the Kebabangan Cluster fields, offshore Sabah.

Business 26 Apr 2011 | 12:00 AM

Sime unit secures RM1.2bil contract

PETALING JAYA: Sime Darby Bhd#8217;s wholly owned unit, Sime Darby Engineering Sdn Bhd, has been awarded a RM1.15bil contract to fabricate topsides for the Kebabangan Northern Hub Development Project by Kebabangan Petroleum Operating Company Sdn Bhd.

Business 27 Apr 2011 | 12:00 AM

RM1.15bil shot in the arm for Sime

PETALING JAYA: The RM1.15bil contract win by Sime Darby Bhd's wholly-owned Sime Darby Engineering Sdn Bhd to fabricate topsides for the Kebabangan northern hub development project is viewed positively by analysts as it shows progress for the conglomerate to turn around losses in the oil and gas (OG) division.

Business 10 Aug 2012 | 12:00 AM

SapuraKencana unit bags RM106mil job

KUALA LUMPUR: SapuraKencana Petroleum Bhds unit, Kencana HL Sdn Bhd, has secured a RM106mil contract from Kebabangan Petroleum Operating Company Sdn Bhd.

Business 10 Aug 2012 | 12:00 AM

Maybank Research maintains Buy on SapuraKencana, TP at RM2.68

Maybank Investment Research is maintaining a Buy on SapuraKencana Petroleum Bhd with a target price of RM2.68.

Business 14 Dec 2013 | 12:00 AM

Petronas awards Pan Malaysia contracts worth RM10b

PETALING JAYA: Petroliam Nasional Bhd (Petronas) has awarded the Pan Malaysia offshore transportation and installation (T&I) contracts worth some RM10bil to Barakah Offshore Petroleum Bhd, Puncak Niaga Holdings Bhd and SapuraKencana Petroleum Bhd.

Business 15 Mar 2014 | 12:00 AM

Despite lower-than-expected industrial output in January, overall growth for 2014 on track

IT is not exactly a very strong start to the year for Malaysia’s economy, with the country’s January industrial production data coming in below consensus estimates.

Corporate News 05 Aug 2014 | 1:19 PM

Malaysia Marine Q2 earnings slump 16.4% to nearly RM40m (Update)

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd's (MMHE) earnings fell 16.4% to RM39.73mil in the second quarter ended June 30, 2014 from RM47.55mil a year ago.

Business 03 Apr 2015 | 1:27 PM

Barakah bags topside maintenance job from KPOC

KUALA LUMPUR: Barakah Offshore Petroleum Bhd has secured a contract from Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) to provide topside maintenance services.