Thailand s low-carbon transition cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Oil and gas contract activity remained relatively stable in Q3 2021, says GlobalData. According to the leading data and analytics company, the industry recorded a nominal 6% decrease in the number of contracts and a 2% decrease in disclosed contract value in Q3 2021. The latest report by GlobalData, ‘Q3 2021 Oil & Gas Industry .
Nippon Steel Engineering wins new Thai natural gas contract mainichi.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainichi.jp Daily Mail and Mail on Sunday newspapers.
rose over 4% in early trade Tuesday after securing orders worth RM101.4mil from six clients operating across the region.
The crane maker added 4.59%, or 10 sen to RM2.28. It is trading at a P/E ratio of 5.87 times.
Favelle Favco said its wholly-owned subsidiaries, Favelle Favco Cranes (M) Sdn Bhd and Favelle Favco Cranes Pty Ltd, have secured the orders since Dec 1, 2020.
It said the six clients are DESB Marine Services Sdn Bhd, Resolution Rigging Services Pty Ltd, PT Megatama Internal, Offshore Oil Engineering Co Ltd, Thai Nippon Steel Engineering & Construction Co Ltd, and Saipem SPA.
The contracts are expected to contribute positively to the earnings and net assets of Favelle Favco for the financial year ending Dec 31, 2021 and beyond, it said.