Page 7 - Anna Nery News Today

"We have also submitted bids for FPSO projects in Ghana, Malaysia and Brazil and are exploring several other opportunities, especially in West Africa, South and Latin America and Southeast Asia. We look forward to sharing the outcomes of these bids with you," Lim said in Yinsons latest quarterly results. The companys current conversion project is the FPSO Anna Nery, which Lim said remains on track. The last drydocking campaign has been completed, and the vessel is now ready for module integrati...

KUALA LUMPUR: There is no clear sign of an oil and gas (O&G) supercycle on Bursa Malaysia soon despite some world traders saying Brent crude price could hit US$100 per barrel.

Based on corporate announcements and news flow today, companies in focus on Monday (June 28) may include: Serba Dinamik Holdings Bhd, IOI Corp Bhd, HB Global Ltd, Malaysia Airports Holdings Bhd, MY EG Services Bhd, Yinson Holdings Bhd and MyNews Holdings Bhd.

The oil and gas companies’ earnings in the quarter ended March 31,2021 – except for Serba Dinamik – were above AmInvestment Research’s forecast.

Malaysia’s domestic oil and gas order flows improving PETALING JAYA: Although global oil and gas exploration and production (E&P) investment is expected to be flat this year, Malaysia is seeing improving domestic order flows, said AmInvestment Bank Research (AmResearch). Malaysia’s order flows in the first quarter of this year saw a quarter-on-quarter (q-o-q) improvement as listed companies announced contracts valued at RM3.3 billion, a 2.2 times increase from RM1.5 billion in fourth-quar...

Marine specialist TMC will provide three large compressors and a control system to Shell's Bonga FPSO, offshore Nigeria.

’s net profit for the third quarter ended Oct 31, 2020 (Q3) almost doubled to RM100.73 million from RM53.97 million in the same quarter a year ago. Revenue surged to RM2.26 billion from RM240.97 million previously mainly due to contribution from engineering, procurement, construction, installation and commissioning (EPCIC) business activities, it said in a filing with Bursa Malaysia today. "EPCIC business activities contributed RM1.9 billion during the period under review based on the floatin...