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Friday, 22 August 2008

KNM close to acquiring Brazilian firms

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Oil and gas services company KNM Group Bhd entered into three sale and purchase agreements to buy 80% stakes in Brazilian companies HZM Indu...

Overseas ambition

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VASTALUX Energy Bhd (VEB), which is en route to a listing, plans to expand its oil and gas-related business in the Philippines, India and My...
Thursday, 21 August 2008

Tanjung Offshore lands RM50m job from Murphy

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Tanjung Offshore Bhd has secured a RM50 million contract to provide operations and maintenance support services for Murphy Sarawak Oil Ltd...
Thursday, 7 August 2008

KNM bags RM463m worth of orders

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KNM Group Bhd has secured overseas and local oil and gas-related orders totalling RM463 million from international clients. In a statement y...
Tuesday, 5 August 2008

New shareholders control 20% of Kejuruteraan Samudra Timur

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A group of new shareholders at oil and gas company Kejuruteraan Samudra Timur Bhd (KSTB) has amassed about 20% equity in the company, shareh...
Monday, 4 August 2008

Petronas unit buys more African assets

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The acquisition of Shell's downstream business in Lesotho and Zimbabwe by Engen will provide it with an additional 200 million litres of...

UMW to set up O&G fabrication yard in Lumut

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UMW Holdings Bhd is acquiring three parcels of leasehold land measuring a total of 24.56 acres in Lumut, Perak, for RM40 million for the dev...
Sunday, 3 August 2008

Shell developing cutting-edge green technologies

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GLOBAL energy company, Shell, is rigorously developing cutting-edge technology to meet increasing challenges in the sector. Shell Global Sol...
Friday, 1 August 2008

Dayang in talks on maiden acquisition

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DAYANG Enterprise Holdings Bhd is in talks for its maiden purchase, a local company involved in niche product fabrication and installation f...

Shell profit surge 33 pc

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Anglo-Dutch energy giant Royal Dutch Shell said yesterday that net profit jumped by a third to US$11.56 billion dollars (7.41 billion euros)...