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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.
KUALA LUMPUR: MIDF Research is maintaining its "buy" recommendation on Sapura Energy Bhd as it expect the group to sustain its quarterly profits into FY22.
Group posts RM17mil earnings in Q3 on better project margins
KUALA LUMPUR: The FBM KLCI descended on profit-taking as financial heavyweights retreated from recent highs.