Oil & gas Sector to see Much Action


Dateline 2012-07-18:

The Malaysian oil & gas (O&G) industry will see an action-packed 18 months ahead, with its service providers set to continue enjoying sustained growth, says Maybank Investment Bank (IB) Research.

Its growth will be sustained with demand for equipment and services increases in light of the rising activities in the sector, it said.

“Offshore fabrication works will dominate the headlines as we estimate contracts for offshore fabrication structures worth up to RM7 billion will be announced over the next 18 months.

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This entry was posted on Sunday, August 5th, 2012 at 6:00 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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