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Tuesday, 20 June 2017

PBJV Group bags RM61.2m offshore job

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Barakah Offshore Petroleum Bhd has bagged a US$14.28 million contract from Samling Resources Sdn Bhd to supply a well intervention vessel...
Monday, 19 June 2017

Petronas: We have right to terminate contract with MHS Aviation over safety concerns

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Petronas Carigali Sdn Bhd’s termination notice of its contract with MHS Aviation Bhd for the services of five EC225 helicopters is with...

PCSB to terminate RM3bil contract given to MHS Aviation

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Petronas Carigali Sdn Bhd is terminating a June 2011 contract involving the charter of five Eurocopter EC225 helicopters from Boustead Ho...
Friday, 16 June 2017

Hengyuan To Invest US$160 Mln In Port Dickson Projects

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Hengyuan Refining Company Bhd's (HRC) board of directors has given the approval for two projects costing a total of US$160mil or (RM6...

Sumatec gets 25-year extension on Kazakhstan oil field mining lease

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Kazakhstan Energy Ministry has expanded the oil and gas exploration area given to CaspiOilGas LLP (COG), which Sumatec Resources Bhd is i...
Tuesday, 13 June 2017

Sarawak govt to set up oil company for offshore oil and gas exploration - CM

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The Sarawak government is planning to establish a state-owned offshore oil and gas exploration company in order to participate in the ind...
Friday, 9 June 2017

Sapura Energy wins RM879mil O&G contracts

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Sapura Energy Bhd has won contracts involving engineering, procurement, construction and installation (EPCI) works with a combined value ...
Wednesday, 7 June 2017

More multinationals moving to Malaysia from Singapore, particularly in oil and gas sector

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More multinational corporations, particularly in the oil and gas (O&G) sector, are moving their operations here from Singapore becaus...
Tuesday, 6 June 2017

Construction Of TNB's Large-Scale Solar Project To Start Next Month

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Tenaga Nasional Bhd (TNB) is scheduled to commence construction of its first Large-Scale Solar project on a 97-hectare (ha) site in Mukim...
Monday, 5 June 2017

Oil and gas (O&G) sector is on recovery - Maybank

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Maybank Investment Bank Bhd opined that the oil and gas (O&G) sector has bottomed and is on a cyclical recovery. “An accelerated re...