Dateline 2013-09-11, The Sun:
It’s boom time for offshore oil and gas (O&G) contractors as international oil companies search further and deeper to quench global thirst for fuel, even as crude prices continue to trade north of US$100 (RM328) a barrel.
“We can expect a good mix of local, regional and international jobs to be awarded to Malaysian oil and gas players and we can expect Petronas to keep the momentum going as it pushes for more deepwater, high pressure, high temperature and high carbon dioxide oil fields,” MIDF Research said.
It added that the timing for the launch of the RM60 billion Refinery and Petrochemical Integrated Development project has little impact on listed oil and gas companies, as most of them are focused on the upstream side of the industry.
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