LABUAN, Oct 11 (Bernama): Some 200 food kits were distributed to less fortunate families in Kg Rancha-Rancha Laut here on Monday (Oct 11), courtesy of oil and gas company Dayang Enterprise Sdn Bhd (Labuan).
An offshore platform in Malaysia - Credit: Shah/AdobeStock
Malaysia s Dayang Enterprise has won a contract with Shell s Malaysian subsidiaries for the provision of topside maintenance services offshore Malaysia.
Dayang said Monday that the contract value would depend on orders issued by Shell throughout the contract duration.
The duration of the contract is effective from April 29, 2021, until August 19, 2023.
Dayang, which provides maintenance services, fabrication operations, hook-up and commissioning, and chartering of marine vessels in Malaysia, has signed the contracts with Shell s subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Company Limited.
Back in March, oil major Shell said it was exploring options to sell its non-operated interests in the Amended 2011 Baram Delta EOR Production Sharing Contract (PSC) and the SK 307 PSC, offshore Malaysia.
KUALA LUMPUR (Jan 13): Dayang Enterprise Holdings Bhd has won a contract extension from Sarawak Shell Bhd.
In a bourse filing, the group said its wholly-owned subsidiary DESB Marine Services received the contract extension for the provision of an accommodation workboat, Dayang Opal.
This is under the umbrella contract for offshore support vessel services for Petronas’ Petroleum Arrangement Contractors’ drilling and project activities, Dayang Enterprise said.
The group added that the value of the contract is based on work orders issued by Sarawak Shell throughout the extended one-year contract period from March 20.
Dayang Enterprise said the contract extension will be a positive contribution to its earnings over the duration of the contract.
KUALA LUMPUR (Jan 13): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 14) include: Eco World Development Group Bhd, UEM Sunrise Bhd, George Kent (Malaysia) Bhd, Chin Hin Group Property Bhd, WCT Holdings Bhd, Greatech Technology Bhd, HeiTech Padu Bhd, Aeon Credit Service (M) Bhd, Dayang Enterprise Holdings Bhd, Landmarks Bhd, Petronas Dagangan Bhd, Maxis Bhd, Genting Malaysia Bhd, AE Multi Holdings Bhd, PNE PCB Bhd and Wintoni Group Bhd.
Eco World Development Group Bhd (EcoWorld) said the property developer’s board has decided not to pursue the proposed merger with rival
UEM Sunrise Bhd following careful evaluation of the merger alongside EcoWorld’s own business plans and the current challenging environment with the re-implementation of the Movement Control Order (MCO). EcoWorld said that since the last announcement on Dec 30, 2020 regarding the proposed merger, the parties involved had been engaged in discussions with a view tow