O&G sector to see buoyant activity across value chain
According to Maybank Investment Bank (MaybankIB), the sector is currently on a cyclical recovery and should continue to do well, citing Petroliam Nasional Bhd’s (Petronas) recently released Activity Outlook 2019-21 report.
PETALING JAYA: The oil & gas (O&G) sector is expected to see a rejuvenation of activities across the value chain amid an improving outlook for the industry.
According to Maybank Investment Bank (MaybankIB), the sector is currently on a cyclical recovery and should continue to do well, citing Petroliam Nasional Bhd’s (Petronas) recently released Activity Outlook 2019-21 report.
“We see buoyant O&G activity across the value chain in Malaysia, which is clearly laid out in Petronas’ Activity Outlook 2019-21 report,” MaybankIB said.
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