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Showing 9 results for "JUGCSU"
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Corporate News 18 Dec 2024 | 11:00 PM

Special dividend may be on the cards for Coastal Contracts

Coastal Contracts Bhd could offer a special dividend if its joint venture (JV) in Mexico successfully refinances its loan and repays the group at least US$155mil in the next two weeks.

Corporate News 17 Sept 2024 | 11:00 PM

Coastal buoyed by operations in Mexico

Oil and gas services outfit Coastal Contracts Bhd’s outlook is expected to improve with a pending contract extension of the company’s jack-up gas compression service unit (JUGCSU) as well as the planned expansion of the Papan gas processing plant in Mexico by Petróleos Mexicanos (Pemex).

Corporate News 21 Mar 2024 | 11:00 PM

Improved outlook for Coastal on luxe resort plan

Coastal Contracts Bhd is building a luxurious resort in Sabah and can expect profitability to improve once occupancy rate increases.

Corporate News 27 Dec 2023 | 11:00 PM

Coastal Contracts still in talks with Pemex about contract extension

Coastal Contracts Bhd is still in negotiations with Mexico’s national oil company Petroleos Mexicanos (Pemex) on the Perdiz gas plant and jack-up gas compression service unit (JUGCSU) contract extension.

Corporate News 17 June 2024 | 11:00 PM

Prospects looking up for Coastal Contracts

PETALING JAYA: TA Research has turned optimistic on the prospects of Coastal Contracts Bhd, underpinned by a number of positive developments surrounding the oil and gas services provider.

Corporate News 16 June 2022 | 11:00 PM

Coastal Contracts in search of a Mexican lift

PETALING JAYA: Coastal Contracts Bhd is eyeing various gas projects for its Nuvoil joint venture (JV) in Mexico and its future prospects appear exciting.

Corporate News 23 May 2023 | 12:21 PM

Coastal Contracts' 3Q23 net profit jumps to RM153.66mil

KUALA LUMPUR: Coastal Contracts Bhd’s net profit for the third quarter ended March 31, 2023 (3Q FY2023) jumped to RM153.66 million compared to RM44.32 million in the same quarter last year due to higher profit contribution from its joint venture in Mexico.

Corporate News 7 Sept 2022 | 11:00 PM

Earnings growth expected for Coastal Contracts

PETALING JAYA: Coastal Contracts Bhd’s recurring income business model, following its pivot into gas processing and potential upsides from further project wins, are factors that will lift its earnings.By June 2023, there will be earnings growth on the completion and commissioning of the EMC Papan plant – an engineering, construction, operation and maintenance of a gas conditioning plant and its related infrastructure in the Ixachi field in Veracruz, Mexico.

Corporate News 23 Sept 2022 | 11:00 PM

Coastal Contracts’ Mexico play

COASTAL Contracts Bhd is taking a big bet on a project in Mexico. Will it pay off?

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