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What now for Barakah?

Petronas suspends licence

PETALING JAYA: Barakah Offshore Petroleum Bhd’s unit has been notified of its licence suspension by Petroliam Nasional Bhd (Petronas) over the non-performance of a contract.

Petronas suspends Barakah unit's licence for three years

KUALA LUMPUR: Petroliam Nasional Bhd has suspended its licence issued to Barakah Offshore Petroleum Bhd's unit over the non-performance of a contract.

Trading ideas: AirAsia, Perdana Petroleum, MAA, ARB, IJM

KUALA LUMPUR: AirAsia Group Bhd, Perdana Petroleum Bhd, MAA Group Bhd, ARB Bhd and IJM Corp Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

Quick take: Icon Offshore shares lifted by PAC, Petronas Carigali contracts

KUALA LUMPUR: Icon Offshore Bhd shares rose 4.3% in early trade Monday in response to a series of contracts and a work order to provide vessels.

Trading ideas: Icon Offshore, Orion IXL

KUALA LUMPUR: JF Apex Research expects Icon Offshore Bhd and Orion IXL Bhd to be among the stocks to watch on Monday.

Icon unit wins PAC, Petronas Carigali jobs

KUALA LUMPUR: Icon Offshore Bhd’s subsidiary secured a series of contracts and a work order to provide vessels to three petroleum arrangement contractors (PACs) and Petronas Carigali Sdn Bhd.

Icon Offshore secures six contracts for provision of vessels

KUALA LUMPUR: Icon Offshore Bhd's subsidiary has secured a series of contracts for the provision of offshore support vessels (OSV) and a straight supply vessel.

Quick take: Destini surges 31% on new contract win

KUALA LUMPUR: Destini Bhd, which jumped 31%, is the most traded stocks in early trade on Thursday after securing a contract from Sarawak Shell Bhd.

Destini unitwins Sarawak Shell contract

KUALA LUMPUR: Integrated engineering solutions provider Destini Bhd was awarded a contract for the provision of tubular handling, conductor installation and slot recovery equipment and services for the Pan Malaysia Petroleum Arrangement Contractors’ (PAC) operators’ drilling programme by Sarawak Shell Bhd.