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KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).
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KUALA LUMPUR, March 12 (Bernama) -- Sapura Energy Bhd emerged as among top traded stocks in early trade after securing RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter’s subscription of the company’s nominal value of redeemable convertible loan stocks.
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KUALA LUMPUR, March 11 (Bernama) -- Sapura Energy Bhd (SEB) has secured RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter's subscription of the company’s nominal value of redeemable convertible loan stocks (RCLS).
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KUALA LUMPUR, March 10 (Bernama) -- Petronas, through Malaysia Petroleum Management (MPM), has announced the first oil delivery from the Gumusut-Kakap/Geronggong-Jagus East (GKGJE) Phase 4 offshore project, achieved on Feb 4, 2025.
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KUALA LUMPUR, March 10 (Bernama) -- Bumi Armada Bhd shares rose in early trade after the group secured two contracts worth a total of RM578.4 million from India's state-owned oil company Oil and Natural Gas Corporation Ltd (ONGC).
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KOTA KINABALU, March 7 (Bernama) - The Sabah government has called on oil and gas services and equipment (OGSE) companies in the state to grab opportunities in the sector provided by national oil company Petronas in the next two years.
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KUALA LUMPUR, March 7 (Bernama) -- Bumi Armada Bhd has secured two contracts worth a total of RM578.4 million from India's state-owned oil company, Oil and Natural Gas Corporation Ltd (ONGC).
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KUALA LUMPUR, March 6 (Bernama) -- NASDAQ-listed Agape ATP Corporation (ATPC) has entered into agreements for a US$23 million (US$1=RM4.41) private placement with institutional investors to support its expansion in healthcare, oil and gas trading, and renewable energy.
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BARCELONA (Spain), March 6 (Bernama) -- Malaysia continues to solidify its digital transformation with the exchange of 19 memoranda of understanding (MoUs) between local players and global tech leaders on the sidelines of the Mobile World Congress (MWC) 2025.
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KUALA LUMPUR, March 5 (Bernama) -- The Economy Ministry emphasised the need to develop and enforce the Carbon Capture, Utilisation and Storage Bill (CCUS Bill) and regulations related to the importation and permanent storage of carbon dioxide in offshore areas by March 31, 2025.
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LABUAN, Feb 28 (Bernama) -- Nawie Oilfield Services Sdn Bhd (NOS) has signed a memorandum of understanding (MoU) with Schlumberger Malaysia Sdn Bhd (SLB) to enhance its participation in Sabah’s oil and gas (O&G) industry.
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KUALA LUMPUR, Feb 27 (Bernama) -- KNM Group Bhd, through wholly-owned subsidiary KNM Process Systems Sdn Bhd (KNMPS), has entered into a conditional sale, purchase and transfer agreement with Japan-based NGK Insulators Ltd for the proposed disposal of its entire equity interest in Deutsche KNM GmbH (DKNM) for 270 million euros (about RM1.24 billion).