Former TH Heavy Engineering (THHE) ceo Nor Badli Munawir Mohamad Alias Lafti was charged in the Sessions Court with three counts of money laundering involving MYR1.57m ($352,374), local media reported.
SapuraKencana Petroleum (SapKencana) has picked up a raft of smallish jobs worth a total of $97.4m, the Malaysian oil and gas services provider said in a press release.
Troubled Malaysian offshore support services and storage company Petrol One Resources looks like it is set to benefit from Chinese company Dalian Jinzhou Heavy Machinery Co's project that essentially resurrects the abandoned Asia Petroleum Hub ...
Malaysian oil and gas company Bumi Armada was the latest to take a hit from poor market conditions, finally succumbing to a MYR1.1bn ($247.3m) hit from impairments it had to take on its offshore support vessel (OSV) fleet.
With one eye on industry shifts due to the changes in the key liner alliances, Malaysian port operator Westports Holdings is forecasting conservative container growth of between 1% and 5% this year, local media quoted ceo Ruben Emir Gnanalingam as...
Malaysian oil and gas services player SapuraKencana Petroleum (SapKencana) has raised approximately $1.5bn through a seven-year multi-currency financing facility, it said in a press release.
Malaysia's oil and gas (O&G) industry needs still more consolidation and preference will be given to those that invest in assets, local media quoted national oil company Petroliam Nasional (Petronas) president and chief executive Wan Zulkiflee Wan...