Dateline 2013-10-09, Sin Chew Git Poh:
MIDF Research maintained its positive stance on the oil and gas sector following encouraging signs for the sector.
In its wildcard report on monthly review and outlook of the oil and gas industry, MIDF Research said 2013 had been a year packed with awards of contracts, new oil and gas discoveries and possibly more mergers and acquisitions to expand and strengthen income streams.
“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,” it said.
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