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Corporate News 19 May 2016 | 8:55 AM

Technip, FMC Technologies to merge in all-stock deal

PARIS: France's Technip announced an all-stock merger with U.S. rival FMC Technologies to create an oil services group with combined revenue of $20 billion.

Business 28 Nov 2017 | 7:28 AM

Pressured for profit, oil majors bet big on shale technology

Oil majors that were slow to seize on shale are seeking further efficiencies by adapting technologies for highly automated offshore operations to shale and pursuing advances in digitalisation that have reshaped industries from auto manufacturing to retail.

Corporate News 16 Feb 2018 | 12:00 AM

How can stock investors profit from movements in global bond yields?

LONDON: How can stock investors profit from the increasingly striking movements in global bond yields?

Markets 09 Apr 2018 | 12:00 AM

Saudi sees chemical, oil-refining bonanza along US gulf coast

HOUSTON: Saudi Arabia signalled its intent to expand chemical production along the US Gulf Coast and potentially double the size of North America’s biggest oil refinery.

Analyst Reports 07 May 2018 | 12:21 AM

AmInvest Research retains buy on MMHE, FV RM1.13

KUALA LUMPUR: AmInvestment Research is retaining its Buy call on Malaysia Marine and Heavy Engineering Holdings (MMHE) with an unchanged fair value of RM1.13 a share. The last traded price was 81 sen.

Corporate News 26 Dec 2018 | 5:41 AM

MMHE enters long-term offshore agreement with Saudi Aramco

KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd's (MHB) subsidiary and consortium partner have signed a long-term offshore agreement with Saudi Arabia's national oil company, Saudi Aramco.

Business 27 Dec 2018 | 12:00 AM

MMHE consortium inks deal with Saudi Aramco

PETALING JAYA: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE), via a consortium with energy project life cycle services provider TechnipFMC, has inked a long term agreement with Saudi Arabian Oil Company (Saudi Aramco).

Analyst Reports 27 Dec 2018 | 1:06 AM

Trading ideas: OSK Holdings, Gas Malaysia, MMHE, Eversendai

KUALA LUMPUR: JF Apex Research expects OSK Holdings Bhd, Gas Malaysia Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) and Eversendai Corp Bhd to be among the stocks to watch following their latest corporate news.

Investment 28 Dec 2018 | 12:00 AM

MMHE’s deal with Saudi Aramco draws positive views

PETALING JAYA: Sentiment on Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) remains positive in analysts’ view as the signing of the deal with Saudi Aramco will offer MMHE an exposure to a constant US$3bil tenders opportunity per annum, according to Maybank IB Research.

Business 11 Jan 2019 | 11:45 AM

Winners and losers in Big Oil's offshore spending revival

PARIS (Bloomberg): After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread equally across the companies who provide them everything from seismic surveys to pumps and turbines.