From the Borneo Post, dateline 2013-05-07:
The recently held general elections will likely spur more activity in the oil and gas (O&G) industry as a faster pick-up in momentum for the rollout of projects in Malaysia, which has seen a lull in the past two months.
In a sector update, AmResearch Sdn Bhd (AmResearch) said that the projects that had been delayed included the RM8 billion to RM10 billion Pan-Malaysian hook-up, construction and commission (HUCC) umbrella contract as well as several massive fabrication contracts for central processing platforms off Terengganu and East Malaysia.
The research house pointed out that there was concern that past contracts which had been awarded to politically-linked stocks like SapuraKencana Petroleum Bhd (SapuraKencana) could be opened for review.
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