Latest news with #PETRONASCarigaliSdnBhd
The Star
22-05-2025
- Business
- The Star
Dayang's 1Q showing declines
Dayang reported a net profit of RM12.31mil for its first quarter. PETALING JAYA: Dayang Enterprise Holdings Bhd has secured a work order for the provision of a landing craft tank from PETRONAS Carigali Sdn Bhd. In a filing with Bursa Malaysia, the oil and gas company said the contract is based on work orders issued by PETRONAS Carigali throughout the contract duration, which is approximately 256 days and with an option to extend up to 60 days. Separately, Dayang reported a net profit of RM12.31mil for its first quarter ended March 31, 2025, down from RM27.91mil in the previous corresponding quarter. Revenue dropped to RM153.82mil from RM247.12mil. Dayang said the lower revenue was mainly attributable to a lower vessel utilisation rate of 26% as compared to 48% in the previous corresponding quarter.
The Star
14-05-2025
- Business
- The Star
Keyfield bags PETRONAS Carigali contract
Keyfield noted that the work order is expected to enhance its financial performance for the financial year ending Dec 31, 2025. KUALA LUMPUR: Keyfield International Bhd has secured a work order from PETRONAS Carigali Sdn Bhd to provide an accommodation work boat for offshore operations, as part of a panel contractor contract for offshore support vessel services. The contract, awarded to its wholly-owned subsidiary Keyfield Offshore Sdn Bhd on April 11, runs for seven months with an option for a two-month extension. No contract value was disclosed but Keyfield noted that the work order is expected to enhance its financial performance for the financial year ending Dec 31, 2025. Shares of Keyfield rose 17 sen or almost 10%, to RM1.95 yesterday. The company last month acquired a new 98-metre cable-laying barge from Taizhou Sanfu Enginering Co Ltd for RM90.8mil.
The Star
14-05-2025
- Business
- The Star
Trading ideas: Nestcon, DNeX, Uzma, Peterlabs, DKSH, OMH, Keyfield
KUALA LUMPUR: Stocks to watch today include Nestcon Bhd , Dagang Nexchange Bhd (DNeX), Uzma Bhd , Peterlabs Holdings Bhd , DKSH Holdings (M) Bhd , OM Holdings Ltd (OMH) and Keyfield International Bhd. Nestcon's Nestcon Borneo Sdn Bhd (NBSB), has received a RM44.12mil contract from Matrix Excelcon Sdn Bhd for site clearing and earthworks in Labu, Negri Sembilan. DNeX, via its subsidiary Dagang Net Technologies Sdn Bhd, has secured contracts worth US$1.8mil to provide site facilitation and supply of technical and technological equipment at six international sites in Malaysia, Indonesia, and Turkiye. Uzma's wholly owned subsidiary, Uzma Engineering Sdn Bhd, has secured a contract from PETRONAS Carigali Sdn Bhd for the provision of electric wireline cased-hole services. Peterlabs has suspended its executive director, Datuk Loh Saw Foong from his duties, executive functions and roles with immediate effect for two weeks, pending the outcome of an internal investigation. In the 1Q25 ended March 31, DKSH's net profit rose 19% y-o-y to RM48.2mil or 30.56 sen per share, on sales growth, improved cost efficiencies and favourable foreign exchange gains. Its revenue for the quarter rose 7.1% to RM2.22bil from RM2.07bil in 1Q24. OMH's subsidiary, OMH (Mauritius) Corp, has signed a conditional agreement with Exxaro Resources Ltd to sell its 26% stake in Ntsimbintle Mining for approximately US$101.4mil. Keyfield has secured a work order from PETRONAS Carigali Sdn Bhd to provide an accommodation work boat for offshore operations, as part of a panel contractor contract for offshore support vessel services.
New Straits Times
11-05-2025
- Business
- New Straits Times
Mum of neurodivergent kids leads with heart at home, work
KUALA LUMPUR: On any given day, Nurul Akmar Omar wears a dozen hats — a nurturer, teacher, problem-solver, cheerleader, and sometimes, a silent hero. By day, the 55-year-old is a General Counsel (Legal Upstream Malaysia) for PETRONAS Carigali Sdn Bhd, where she leads the legal strategy for the company's domestic upstream business — a portfolio that involves high-value projects, complex regulatory landscapes and critical investment decisions. But her most profound role lies outside the office — as a devoted mother to three children aged 13, 15, and 19. Two of them, her eldest son and her youngest daughter, are neurodivergent. "Raising neurodivergent children has taught me to be more mindful and attuned to my environment and circumstances. "I've learned how to carefully balance the needs of my family with the demands of my career. "I'm deeply grateful to have a supportive husband and family who help make that possible." She said this in an interview on TV3's Wanita Hari Ini, titled 'Antara Cinta dan Kerjaya: Ibu dan Kerjaya', aired live last Thursday to mark Mothers Day, which falls today. In the interview, Nurul acknowledged that there have been many times when the needs of her family and career had clashed. "These overlaps happen all the time. What's important is for working mothers to recognise which needs their attention the most at the moment. "But this is where a strong support system, both at home and at work, makes all the difference." Nurul said PETRONAS offers flexible working hours that allow her to make time for her children's health needs. "With this arrangement, I am able to focus fully on my children and take them for the required therapies and treatments at the hospital. "I can plan ahead and my time with my family is uninterrupted." Although motherhood is a full-time job in itself, Nurul said it was becoming a mother that ultimately made her more successful in her career. A lawyer by qualification, Nurul has nearly 20 years of experience in the upstream oil and gas industry. "Before I gave birth to my children, I didn't have clear goals for myself. "But now as a mother, I look at my children, and I am reminded of how I must work hard for their health and happiness. "My children are the source of my strength and the inspiration to my success every day," she added. Nurul said mothers, by nature, do not understand the meaning of giving up. "There are days when we're exhausted, unwell or burdened by countless worries. But as mothers, we push through it all to give our very best to the people we love. "To all the women out there who are struggling to balance their careers and family, I say this: Don't give up. Stormy days don't last forever and the sun will shine again. "Our careers matter, too. Through it, we gain independence, the ability to support our families and the power to build a better future for our children," she added.
The Star
24-04-2025
- Business
- The Star
Reservoir Link secures work order award from PETRONAS Carigali
Reservoir Link executive deputy chairman Thien Chiet Chai PETALING JAYA: Reservoir Link Energy Bhd has received a work order award from PETRONAS Carigali Sdn Bhd for the provision of light weight well testing services. In a statement, the company said it anticipates the contract may generate up to RM40mil in value, in line with past historical data. 'The contract value for the work order will be based on the number of wells executed. Under the scope of the contract, Reservoir Link's other responsibilities include the mobilisation of highly skilled personnel, deploying advanced well testing technology, ensuring well-maintained equipment and coordinating all necessary logistical arrangements to facilitate seamless project execution while maintaining the highest safety and efficiency standards. Reservoir Link executive deputy chairman Thien Chiet Chai said: 'Given our long standing relationship with our existing clients and strong industry reputation, we foresee more activities to come in the coming months as the demand for energy related services continues to grow. 'We look forward to consciously play an active role and support Malaysia's upstream energy sector while maintaining the highest operational standards to ensure that we deliver on our promise to be a reliable service partner, reflecting our continuous efforts in delivering reliable solutions and contributing to the overall efficiency and sustainability of the industry.'
