Milestone for Petronas

KUALA LUMPUR: Petronas subsidiary PC Ketapang II Ltd has achieved its first hydrocarbon from a profitable drilling at Bukit Tua section 2B’s BTJTB-T2 properly situated throughout the Ketapang block, offshore east Java, Indonesia. Petronas stated the BTJTB-T2 properly was spudded on Sept 30, 2021 and was drilled with a goal depth of 1,890m. Spudding is …

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Petronas, TNB eager to provide carbon credit

PETALING JAYA: Petroliam Nasional Bhd (Petronas), Tenaga Nasional Bhd (TNB) and different public-listed firms (PLCs) have specific curiosity to provide credit for the deliberate Voluntary Carbon Market (VCM). Bursa Malaysia chief government officer Datuk Muhamad Umar Swift stated along with creating the carbon trade, it was additionally searching for events to provide the carbon credit. …

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Petronas, TNB categorical curiosity to provide carbon credit – bursa ceo

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), Tenaga Nasional Bhd and different public listed firms (PLCs) have expressed curiosity to provide credit for the deliberate Voluntary Carbon Market (VCM). Bursa Malaysia Bhd chief govt officer Datuk Muhamad Umar Swift stated along with creating the carbon change, it is usually looking for events to provide the carbon …

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Moody’s: Malaysia to report 6% financial progress in 2022

KUALA LUMPUR: Malaysia’s economic system is more likely to develop 6.0 per cent this yr, pushed by the reopening of worldwide borders, excessive vaccination charges, and because the nation enters the transition to the endemic part. Moody’s Traders Service assistant vice-president/analyst Nishad Majmudar mentioned the reopening of worldwide borders would bolster the tourism-related companies sector. …

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Ocean Vantage baggage RM71.3mil Bintulu onshore gasoline plant job

KUALA LUMPUR: Ocean Vantage Holdings Bhd‘s wholly owned subsidiary Ocean Vantage Engineering Sdn Bhd has clinched a RM71.3mil contract to offer civil, constructing and piling works for a brand new onshore gasoline plant owned by Petroliam Nasional Bhd often called Fuel Gross sales Amenities 2 at Bintulu, Sarawak or BAGSF-2 . The contract was awarded …

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Damansara Holdings wins RM28.3mil jobs

KUALA LUMPUR: Damansara Holdings Bhd has received contracts value a complete of RM28.3mil from Petronas Refinery and Petrochemical Corp Sdn Bhd and PRPC Utilities and Services Sdn Bhd for the operations and upkeep of recognized amenities at Pengerang Built-in Advanced (PIC) in Johor. In a submitting with Bursa Malaysia, Damansara Holdings stated its 70%-owned subsidiary …

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PETRONAS COMPLETES SALE OF EPOMS

KUALA LUMPUR: Petronas Carigali Sdn Bhd (PCSB) right this moment introduced it has accomplished the switch of its complete possession in E&P O&M Companies Sdn Bhd (EPOMS) to Janamurni Sdn Bhd. EPOMS is wholly owned by E&P Enterprise Options Co. Sdn Bhd (EPVS), a subsidiary of PCSB. Integrated in 2012, EPOMS supplies built-in frontline operations …

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T7 secures 3-year contract from Petronas

KUALA LUMPUR: T7 International Bhd‘s subsidiary T7 Clever Sources Sdn Bhd (T7IR) has secured a 3-year contract from Petroliam Nasional Bhd (Petronas). The built-in power options supplier, in a submitting with Bursa Malaysia, mentioned the contract was for the supply of third-party skilled and help providers for Petronas Group of corporations. T7IR is principally concerned …

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Petronas says no talks on Sapura purchase

PETALING JAYA: Petroliam Nasional Bhd (Petronas) has categorically denied stories and speculations on purported “talks with the federal government on a proposal to take a major stake” in Sapura Power Bhd, “The group has at all times been and would proceed to be strictly guided by a longtime framework for any funding or divestment consideration,” …

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Petronas denies report on taking stake in Sapura Power

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has categorically denied studies and speculations on purported “talks with the federal government on a proposal to take a major stake” in Sapura Power Bhd (SEB). “The group has at all times been and can proceed to be strictly guided by a longtime framework for any funding or divestment …

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