Dayang to ride the waves from Petronas’ largesse FMTNews FMTBusiness
Hong Leong Investment Bank said the award of three contracts for the provision of accommodation work boats from Petronas Carigali were “positive developments” for Dayang Enterprise.
DEHB is principally involved in the provision of maintenance services for topside structures, pipes and valves, electrical and instrumentation, fabrication operations, and hook-up and commissioning . “We have highlighted Dayang to be one of the key beneficiaries, given the planned increase in offshore maintenance, construction and modification , and hook-up and commissioning works,” it said.The positive sentiment is shared by RHB Investment Bank Bhd Research and Hong Leong Investment Bank .
In a recent note, HLIB said the awarding of three contracts for the provision of accommodation work boats – namely Dayang Zamrud, Dayang Opal and Dayang Ruby – from Petronas Carigali were “positive developments” for the company. DEHB also has a 63.8% equity stake in Perdana Petroleum , which owns 16 vessels that provide marine support and vessel chartering for the O&G industry.Both HLIB and RHB Research forecast improved projected blended vessel utilisation rates, with the latter estimating 65% utilisation rates .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Petronas decides on win-winKota Kinabalu: Petronas’ decision to enter into Commercial Settlement Agreements (CSA) and Commercial Collaboration Agreements (CCA) with Sabah and Sarawak since last year helped to overcome otherwise contentious issues on oil and gas rights with both Bornean states.
Read more »
Proton teases large SUV as production startsSaarani (fifth from left) was the guest of honour at the X90 teaser session in Tanjung Malim today. He was accompanied by, among others, Syed Faisal (sixth from left) and Roslan (fourth from left). TANJUNG MALIM: Proton today teased its large SUV as it began production of the seven-seater widely referred to as the X90. The new model is a mild hybrid and is set to launch soon when Proton gears up to celebrate its 40th anniversary in May. Members of the media were only allowed to view the front and side view of the SUV from afar and the photo you see here was provided by Proton. What is obvious is that the X90, as the top SUV of the marque, fea...
Read more »
Selangor identifying locations for large-scale solar farm projectsThe state government is also planning to implement a waste-to-energy project in Jeram, Kuala Selangor and Tanjung Dua Belas, Kuala Langat so that the incinerated garbage can generate renewable energy. theSun theSundaily renewableenergy WasteToEnergy
Read more »
Porsche records RM181 billion in revenue for 2022; Macan EV in 2024, large SUV above Cayenne to come - paultan.orgGerman manufacturer Porsche has announced its figures for 2022, which saw the brand achieve 37.6 billion euros (RM180.9 billion), representing growth of 13.65 over its revenue figure of 33.1 billion euros (RM159.3 billion) in 2021, …
Read more »
(Video) AV Actress Yua Mikami Explains Why She's Retiring From Doing PornWhen it comes to the AV industry, there are always a few names that pop up. One of them is Japanese AV (adult video) actress Yua Mikami (三上悠亜). At a glance, it’s easy to see why. Mikami has garnered plenty of fans and followers thanks to her petite looks and large bust. However, just yesterday […]
Read more »
Petronas decides on win-winKota Kinabalu: Petronas’ decision to enter into Commercial Settlement Agreements (CSA) and Commercial Collaboration Agreements (CCA) with Sabah and Sarawak since last year helped to overcome otherwise contentious issues on oil and gas rights with both Bornean states.
Read more »