Favelle Favco's Unit Bags Offshore Crane Contracts Worth RM88.8 Mln

KUALA LUMPUR, Sept 25 (Bernama) -- Favelle Favco Bhd’s (FFB) unit, Favelle Favco Cranes (M) Sdn Bhd, has secured RM88.8 million worth of contracts from Saipem Offshore Construction SPA, Malaysia Marine and Heavy Engineering Sdn Bhd, and OceanMight Sdn Bhd for the supply of offshore cranes.

Budget 2027: LIAM Calls For 8 Pct Service Tax Exemption, Review Of Reinsurers’ Tax Treatment

KUALA LUMPUR, Sept 25 (Bernama) --  The Life Insurance Association of Malaysia (LIAM) has called on the government to exempt group employee insurance schemes from the eight per cent service tax under Budget 2027.

Vantris Energy Subsidiary Secures RM1.8 Bln Offshore Work Contract

KUALA LUMPUR, Sept 25 (Bernama) -- Vantris Energy Bhd’s indirect wholly owned subsidiary VTEB Offshore Sdn Bhd (VOSB), has secured two offshore transportation and installation (T&I) work orders with a combined value of about RM1.8 billion.

HE Group Unit Secures RM124 Mln Johor Data Centre Subcontract

KUALA LUMPUR, Sept 24 (Bernama) -- He Group Bhd's wholly-owned subsidiary, Hexatech Engineering Sdn Bhd has secured a subcontract worth RM124 million to supply, install, test and commission the main electrical works for a data centre in Johor.

Scaling Clean Power Depends On The Readiness Of The Wider Energy System To Support IT - TNB

KUALA LUMPUR, Sept 24 (Bernama) -- As demand from customers and industries continues to grow, cleaner generation must progress alongside a smarter and more efficient grid, Tenaga Nasional Bhd (TNB) Chief Strategy and Ventures Officer Ir Dr Mohd Fadzil Mohd Siam said.

Sabah's Gas Supply Expected To Nearly Double By 2030 - Hajiji

KOTA KINABALU, Sept 18 (Bernama) -- Sabah's gas supply is expected to almost double to 1,350 million standard cubic feet per day (mmscfd) by 2030 compared to 700 mmscfd currently following the implementation of seven offshore development projects including four new gas fields.

Alam Maritim Operations Continue As Usual Despite CEO Facing Ship Charter Rate Fraud Charges

KUALA LUMPUR, Sept 10 (BERNAMA) -- Alam Maritim Resources Bhd’s group managing director and group chief executive officer Datuk Azmi Ahmad has been placed on leave, while the company assured that its operations will continue as usual with no disruption.

Petronas Awards Estuary Cluster PSC, Hands Over Mutiara Cluster Seismic Data

KUALA LUMPUR, Sept 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has awarded the Estuary Cluster production sharing contract (PSC) and handed over seismic data for the Mutiara Cluster to two companies.

Perdana Petroleum Proposes Additional 'Third Eye' For Offshore Monitoring

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 9 (Bernama) -- Budget 2027 should consider establishing a formal information-sharing framework that enables offshore support vessels (OSVs) to serve as an additional “third eye” in safeguarding Malaysia’s waters and critical offshore energy infrastructure, said Perdana Petroleum Bhd.

Favelle Favco Secures RM131.7 Mln In Crane Supply Contracts

KUALA LUMPUR, Sept 8 (Bernama) -- Favelle Favco Bhd (FFB) has secured purchase orders worth a combined RM131.7 million from four clients to supply tower and offshore cranes.

China's Mingyang Eyes Bigger Role In Malaysia’s Energy Transition Under NETR

From Samantha Tan Chiew Tieng

GUANGZHOU, Sept 4 (Bernama) -- Chinese clean energy giant Mingyang Smart Energy Group Co. Ltd is looking to deepen its footprint in Malaysia across offshore wind, solar, battery energy storage and hydrogen, positioning its technologies to support the country's ambitions under the National Energy Transition Roadmap (NETR).

EPIC's Unit Secures Marine Support Contract For Banang Field Operations

KUALA LUMPUR, Sept 3 (Bernama) -- Oil and gas (O&G) services provider EPIC Bhd’s subsidiary Konsortium Pelabuhan Kemaman Sdn Bhd (KPKSB) has been awarded a contract for the provision of two tug vessels with a bollard pull capacity of 50 to 60 tonnes to support Banang Field operations.