From the Star – Perisai Seeks Tie-ups

Dateline 2009-04-07 (story link here):

KUALA LUMPUR: Perisai Petroleum Teknologi Bhd hopes to either build or acquire more strategic marine assets to assist in the offshore installation of small fields and deepwater developments, says managing director Nagendran Nadarajah.

He said the company planned to co-own the assets via partnerships and joint ventures, as financing was somewhat limited in the current economic slowdown.

“Now is the time to build more strategic assets in preparation for the next rebound in oil price.

Another opportunity for you wheeler dealers out there.

You can subscribe to an online version of the paper at the Bluehyppo site, follow links to e-browse.

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