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Sunday, 14 September 2008
Vastalux slips 30% on market debut
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KUALA LUMPUR: Vastalux Energy Bhd dipped below its initial public offer price (IPO) of 75 sen on its debut on the Bursa Malaysia second boar...
DNV to class 10 Nam Cheong offshore support vessels
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OSLO: Det Norske Veritas has signed a contract with Nam Cheong Dockyard Sdn Bhd in Malaysia to class 10 new offshore support vessels (OSV) a...
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...
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