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PM Anwar Displays Astute Political Acumen As ASEAN Chair In Navigating Unexpected Challenges Confronting Region

KUALA LUMPUR, May 1 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim has displayed acute political acumen as chair of ASEAN in navigating challenges confronting the region, some of which no one would have guessed when he received the baton of the ASEAN chairmanship from Laos in October last year. 

Putra Heights Incident: Comprehensive Home Insurance Matters In Unforeseen Disasters

KUALA LUMPUR, April 20 (Bernama) -- The gas explosion incident at Putra Heights, which destroyed scores of homes, serves as a stark reminder for homeowners to seriously consider insuring their houses as well as the contents inside their homes to mitigate losses from such unforeseen calamities.

Sapura Energy Secures RM100 Mln Offshore Support Vessel Contracts In Malaysia, Thailand

KUALA LUMPUR, April 16 (Bernama) -- Sapura Energy Bhd’s (SEB) operations and maintenance (O&M) division has been awarded multiple offshore support vessel (OSV) contracts in Malaysia and Thailand, totalling close to RM100 million.

Keyfield Forecasts Stable DCR, Eyes OSV Market Upside Despite Global Challenges – Kenanga IB

KUALA LUMPUR, April 16 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Keyfield International Bhd’s daily charter rate (DCR) in the local offshore support vessel (OSV) market to remain stable or slightly lower year-on-year, supported by tight supply and rising demand despite global macroeconomic challenges.

Hibiscus Petroleum's EBITDA Exceeds RM 1 Bln For Three Consecutive Years - Chairman

KOTA BHARU, April 10 (Bernama) -- Hibiscus Petroleum Bhd recorded revenue of RM2.7 billion last year, with earnings before interest, tax, depreciation and amortisation (EBITDA) exceeding RM1 billion for the third consecutive year.

Petronas, Petrovietnam Seal 20-year PSC, UGSA Extension For PM3 CAA

KUALA LUMPUR, April 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (Petrovietnam) have signed a key principles agreement (KPA) to extend the production sharing contract (PSC) and upstream gas sales agreement (UGSA) for the PM3 commercial arrangement area (CAA) for another 20 years.

 

Hibiscus Shares Rise After PSC, Gas Sales Agreement Extensions

KUALA LUMPUR, April 10 (Bernama) -- Hibiscus Petroleum Bhd’s share price rose in early trade today following the announcement that the Petroleum Malaysia Field Three (PM3) commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA) will continue.

Hibiscus Petroleum’s Units Secure 20-year Extension For PM3 CAA Contract

KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).

Sapura Energy Secures RM40 Mln Offshore Facilities Contract

KUALA LUMPUR, April 9 (Bernama) -- Sapura Energy Bhd’s wholly owned subsidiary, Sapura Fabrication Sdn Bhd, has secured a RM40 million contract for maintenance, construction and modification services for offshore facilities in Peninsular Malaysia.

Artificial Intelligence's Trajectory Is Surging And Risks Deepening Divides - PM Anwar

KUALA LUMPUR, April 8 (Bernama) -- Datuk Seri Anwar Ibrahim has cautioned that the trajectory of artificial intelligence is advancing at lightning speed and if this asymmetrical digital progress is left unchecked, it risks deepening existing divides and fostering inequality.

TM To Rebuild Network Infrastructure Affected By Putra Heights Fire Incident

KUALA LUMPUR, April 4 (Bernama) -- Telekom Malaysia Bhd (TM) announced that its technical teams are ready and committed to restoring services and rebuilding any affected network infrastructure in stages, depending on the severity of the damage affected by the pipeline burst in Putra Heights.

OM Holding Units Secure US$304 Mln In Refinancing Through Syndicated Loan, Additional Facilities 

KUALA LUMPUR, April 4 (Bernama) -- OM Holding Ltd’s (OMH) wholly owned subsidiaries OM Materials (S) Pte Ltd (OMS) and OM Materials (Sarawak) Sdn Bhd (OM Sarawak) have successfully refinanced through a US$168 million syndicated debt facility, along with separately and bilaterally arranged working capital and bank guarantee facilities of approximately US$136 million.