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Ongoing uncertainties from the Middle East tensions are expected to bolster oil prices, and investors should continue to buy into the oil and gas (O&G) sector, analysts said.
KUALA LUMPUR (April 19): Here is a brief recap of some business news and corporate announcements that made the headlines on Friday:
Shares of Sapura Energy Bhd have been suspended from trading, pending a material announcement. The suspension took effect from 2.30pm onwa...
Uzma Bhd is looking to raise up to RM68.35mil via a proposed private placement to part-finance the development expenditure for the provision of a water injection facility in an oil field, and repay bank borrowings.
KUALA LUMPUR (April 19): Uzma Bhd plans to raise RM68.35 million via a private placement of 15% of its current share base to help fund the development of a water injection facility (WIF) which it is to lease to a unit of Hibiscus Petroleum Bhd.
Uzma Bhd’s latest contract extension would generate RM15mil to RM20mil of revenue in total for the two-year contract, going by past job wins in the hydraulic workover unit (HWU) space.
Uzma Bhd obtained a two-year contract extension from Medco Energi Thailand (Bualuang) Ltd for the provision of hydraulic worker unit (HWU) services and associated equipment service required for workover and well services activities at offshore Thailand.
(吉隆坡19日讯)乌兹马(UZMA,7250,主板能源组)泰国子公司的合约延长。乌兹马发布文告说,属下泰国MMSVS集团控股有限公司获得Medco Energi Thailand(Bualuang)有限公司(Medco)延长液压修井(HWU)服务合约。上述服务范围包括在泰国近海提供所需的液压修井装置(HWU)和相关设备服务,合约将于周三(20日)生效,期限为两年。...
KUALA LUMPUR: Uzma Bhd said a foreign subsidiary has accepted a two-year contract extension from Medco Energi Thailand (Bualuang) Ltd for hydraulic workover unit services offshore Thailand.The contract was awarded to Uzma's MMSVS Group Holding Co. Ltd. Thailand....
KUALA LUMPUR: Uzma Bhd and Dayang Enterprise Holdings Bhd are expected to be the main beneficiaries of the accelerated domestic capital expenditure (capex) by Petroliam Nasional Bhd (Petronas). Public Investment Bank (PublicInvest) said the Petronas Activity Outlook (PAO) 2024 has indicated ...
The oil and gas (O&G) upstream services industry outlook looks bright, buoyed by an expected ramp-up of job flows this year and more favourable terms in new contracts to the service providers.
Kuala Lumpur: Kumpulan AmBank meluluskan kemudahan pembiayaan RM300 juta kepada Uzma Engineering Sdn Bhd (UESB), anak syarikat milik penuh penyedia penyelesaian tenaga dan teknologi terkemuka, Uzma Berhad.Ketua Pegawai Eksekutif Kumpulan AmBank, Jamie Ling berkata, tujuan pembiayaan adalah untuk menyokong ...