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Recovery seen in upstream activities


PETALING JAYA: Upstream activities in the oil and gas (O&G) industry are expected to recover in the second half of this year albeit at a gradual pace due to the still high number of Covid-19 cases.
It is noted that upstream activities in the first quarter of the year were dismal, while the sequential recovery in the second quarter came in slower than expected.
Although offshore operations, which are classified as essential services, were allowed to operate as usual following the renewed lockdown on June 1, work progress has been dragged by the shortage of offshore crew due to quarantine requirements and the supply of materials. ....

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Ex-EPF CEO Tunku Alizakri named Bumi Armada independent director | Money


Thursday, 15 Jul 2021 11:32 AM MYT
Tunku Alizakri Alias speaks during a panel discussion at Invest Malaysia 2019 in Kuala Lumpur March 19, 2019. Picture by Firdaus Latif
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KUALA LUMPUR, July 15 Bumi Armada Bhd has announced the appointment of Tunku Alizakri Raja Muhammad Alias as its independent director, effective July 15.
In a filing with Bursa Malaysia today, the company said Tunku Alizakri has 20 years of experience in senior management and board-level roles in multiple sectors and industries, including financial services, central banking, healthcare, media and telecommunications, plantation, oil and gas, and property development. ....

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Floating Production Storage and Offloading (FPSO) Market Worth Observing Growth


Floating Production Storage and Offloading (FPSO) Market Worth Observing Growth | MISC, Bumi Armada, BW Offshore
iCrowd Newswire
14 Jul 2021, 09:09 GMT+10
Latest survey on Global Floating Production Storage and Offloading (FPSO) Market is conducted to provide hidden gems performance analysis to better demonstrate competitive environment of Floating Production Storage and Offloading (FPSO). The study is a mix of quantitative market stats and qualitative analytical information to uncover market size revenue breakdown by key business segments and end use applications. The report bridges the historical data from 2015 to 2020 and forecasted till 2026 , the outbreak of latest scenario in Global Floating Production Storage and Offloading (FPSO) market have made companies uncertain about their future outlook as the disturbance in value chain have made serious economic slump. Some are the key & emerging players that are part of coverage and profiled in the study are Petrobras, ....

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