Sarawak O&G players set to gain under Petros


  • Business
  • Thursday, 18 Apr 2019

PETALING JAYA: Sarawak oil and gas players are set to benefit as the state transitions into the new administration of its oil resources under Petroleum Sarawak Bhd (Petros), with plans to increase local participation in the industry.

UOB Kay Hian Research singled out Serba Dinamik Holdings Bhd as among the major beneficiaries, aside from other Sarawak-listed companies like Dayang Enterprise Holdings Bhd, Petra Energy Bhd, KKB Engineering Bhd (via OceanMight) and Brooke Dockyard.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Fahmi: Premature to reveal conditions for U Mobile’s 5G network
FBM KLCI extends loss for second day running
Malaysia palm oil futures seen around and above RM5,000 to mid-2025, Mistry says
Gold prices set for second straight weekly fall
Oil prices fall as Hurricane Rafael expected to start weakening
Maybank Islamic Asset launches MISI Fund for corporate and institutional investors
FGV plans to export CPKO to europe via customer-end products
Sony posts 73% jump in Q2 profit, keeps outlook
Palm oil output in 2024 to recover in Malaysia, drop in Indonesia, Glenauk Economics says
Asia stocks sputter as focus shifts to China stimulus

Others Also Read