1d ago
KUALA LUMPUR, Feb 10 (Bernama) -- MISC Bhd has secured contracts from ExxonMobil PNG Ltd, operator of the Papua New Guinea liquefied natural gas project, to provide a long-term bareboat charter as well as operations and maintenance services for a floating storage and offloading (FSO) unit.
2d ago
KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).
8d ago
SINGAPORE, Feb 3 (Bernama) -- Mooring solutions provider Mooreast Holdings Ltd said it is collaborating with Sime Darby Joy Industries Sdn Bhd, a unit of Sime Darby Bhd, on offshore business opportunities, including renewable energy.
12d ago
KUALA LUMPUR, Jan 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) said the recently released Petronas Activity Outlook (2026-2028) is largely neutral about the upstream services sector due to ageing vessels and rig supply in the local market.
15d ago
LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
26d ago
LABUAN, Jan 16 (Bernama) -- Labuan today hosted the Oil and Gas (O&G) Strategic Dialogue to address operational constraints in the industry and strengthen collaboration between the private sector and government regulators to support local economic growth.
26d ago
JAKARTA, Jan 16 (Bernama) -- After nearly a decade of development, the Refinery Development Master Plan (RDMP) Balikpapan project, the flagship initiative under the national RDMP programme of PT Pertamina (Persero), has entered its initial operation phase, marking a major milestone in Indonesia’s refinery modernisation efforts.
29d ago
KUALA LUMPUR, Jan 12 (Bernama) — Affin Hwang Investment Bank Bhd has partnered with Cboe Global Markets Inc to introduce VIX® Futures to local investors.
30d ago
KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).
1m ago
KUALA LUMPUR, Jan 9 (Bernama) -- KKB Engineering Bhd’s subsidiary OceanMight Sdn Bhd has bagged an award from Petronas Carigali Sdn Bhd for the provision of minor engineering, procurement, and construction (EPC) of a fixed offshore structure and “host tie-in” at Erb West for the Belud South Greenfield development project worth RM212 million.
1m ago
LABUAN, Jan 9 (Bernama) -- Malaysia’s recent recognition by the Financial Action Task Force (FATF) under the ‘Regular Follow-Up’ status for the Mutual Evaluation Report 2025 (MER 2025) has underscored international confidence in the country’s robust, risk-based framework for anti-money laundering, counter-terrorism financing and counter-proliferation financing (AML/CFT/CPF).
1m ago
KUALA LUMPUR, Jan 8 (Bernama) -- Vantris Energy Bhd share price jumped as much as 10.39 per cent in early trade today after securing two work orders for the transportation and installation (T&I) of offshore facilities from Petronas Carigali Sdn Bhd worth RM1.4 billion.