Posted by probability > 2020-05-09 13:57 | Report Abuse

Southeast Asia braces for huge wave of decommissioning
......................................................

09/12/2019

https://www.energyvoice.com/oilandgas/asia/213619/southeast-asia-braces-for-huge-wave-of-decommissioning/

More than 200 offshore fields are expected to stop producing in Southeast Asia by 2030 with total decommissioning costs estimated to range from $30 billion to as much as $100 billion.



Petronas seeks priced information for decommissioning works
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https://connect.ihsmarkit.com/upstream-insight/article/phoenix/1475433/petronas-seeks-priced-information-for-decommissioning-works

Petronas is understood to have issued a RFI (request for information) related to potential decommissioning programmes offshore Malaysia.

In January 2018, it was reported Petronas had plans for a decommissioning programme over a five-year period between 2018 and 2023. The operator was understood to have planned a work scope that covered some 26 structures and around 200 wellheads that had been identified for decommission over the timeframe.



O&G decommissioning works in big demand
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03 Jul 2019

https://www.thestar.com.my/business/business-news/2019/07/03/og-decommissioning-works-in-big-demand

PETALING JAYA: As more oil and gas (O&G) fields in Malaysia and the region approach the end of their lifespan, the demand for decommissioning works is set to surge.

The value of decommissioning contracts in the region, over the next three years, is expected to reach up to RM6bil, according to estimates by industry players.

In its 2019-2021 activity outlook, Petronas noted the requirement for 50, 40 and 60 well abandonment for the local fields in 2019, 2020 and 2021, as well as the need for the dismantling of several platforms or facilities.

“Activities are expected to intensify as considerable assets have been operating beyond 40 years,” Petronas said in the report.

According to UOB Kay Hian, other indirect beneficiaries from well abandonment works are DAYANG ENTERPRISE HOLDINGS BHD, Petra Energy Bhd, Icon Offshore Bhd, Perdana Petroleum Bhd and DELEUM BHD



PETRONAS Activity Outlook 2020 - 2022:
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https://www.petronas.com/ws/sites/default/files/downloads/PETRONAS-Activity-Outlook-2020-2022.pdf

refer page 56

Posted by Pradeep Kumar > 2020-05-09 20:44 | Report Abuse

Oil is up see the trend now

Posted by explorer > 2020-05-10 12:31 | Report Abuse

Tuesday deleum will be rebound!

Posted by mf > 2020-05-10 12:32 |

Post removed.Why?

Posted by Pradeep Kumar > 2020-05-10 14:06 | Report Abuse

Opportunity does not come every day

Posted by air01557 > 2020-05-12 00:15 | Report Abuse

now the only way is UP

Posted by Pradeep Kumar > 2020-05-13 14:32 | Report Abuse

Already moving

Posted by CSOON 77 > 2020-05-13 14:57 | Report Abuse

should touch 0.75

Posted by pradeep > 2020-05-14 13:45 | Report Abuse

Fundamental strong

Posted by Najib Zamry > 2020-05-14 23:33 | Report Abuse

Second round coming!!!!!!!

Posted by air01557 > 2020-05-15 11:29 | Report Abuse

Today is rebound day

Posted by air01557 > 2020-05-16 13:30 | Report Abuse

Rebound continues from Monday onwards. Will attain new high.

Posted by Najib Zamry > 2020-05-16 17:20 | Report Abuse

1.00 my first target!!!!!!!

Posted by pradeep > 2020-05-17 14:36 | Report Abuse

Najib Zamry I agree

Posted by CSOON 77 > 2020-05-17 23:36 | Report Abuse

Gapping UP

Posted by pradeep > 2020-05-18 13:01 | Report Abuse

Broke the resistance already

Posted by sapurakencana > 2020-05-18 13:25 | Report Abuse

If can sustain 0.77 for another 3 day,up trend continue,otherwise trend will reverse back.

Posted by air01557 > 2020-05-18 13:44 | Report Abuse

Yes as I predicted it has overcome the tough resistance 0.77 - will continue to new high.

Posted by CSOON 77 > 2020-05-18 13:49 | Report Abuse

OBV volume good trades hope closing at 0.795

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-05-18 14:50 | Report Abuse

Spongjet blasting magic show !

Posted by pradeep > 2020-05-18 18:36 | Report Abuse

Oil is up

Posted by CSOON 77 > 2020-05-18 18:55 | Report Abuse

very hard time now,Malaysia not Attractive for foreign investor

Posted by apolloang > 2020-05-18 19:02 | Report Abuse

nevermind,bursa now open for ikan bilis to punt only....hahaha

Posted by CSOON 77 > 2020-05-18 22:32 | Report Abuse

Welcome to Bursa Casino...hahaha

Posted by Najib Zamry > 2020-05-18 22:39 | Report Abuse

As I always say Deleum is a fundamental sound company. It is not fair to benchmark Petra Energy and Carimin against Deleum. I trust that Deleum will still report profit result.

Posted by CSOON 77 > 2020-05-18 23:13 | Report Abuse

I'm buying LCTITAN at 1.15 sell at 1.63 b4 quarters report out.Lost quarter but up so.but shift to Deleum at 0.56 profit made more than LCTITAN.hope don't break the black profit.

Posted by pradeep > 2020-05-19 00:21 | Report Abuse

Najib i agree with your opinion Delium is a solid company

Posted by volks2 > 2020-05-19 09:41 | Report Abuse

Why that price gostan？

Posted by VenFx > 2020-05-19 10:10 | Report Abuse

Bad luck Armada, Boompipi already



Posted by Armada An Quantum Leap Stock In 2019/2020 > May 19, 2020 8:58 AM | Report Abuse

Steady ponbibi today ?

Posted by pradeep > 2020-05-19 12:44 | Report Abuse

Profit taking healthy

Posted by Victory99 > 2020-05-19 14:29 | Report Abuse

Net cash O & G company with good profit track records. Suitable to invest for long term.

Posted by Wintrade8989 > 2020-05-19 14:41 | Report Abuse

buy again!

Posted by Victory99 > 2020-05-19 14:54 | Report Abuse

Price bellow NTA, high DY, good management team. Much better than many others O & G stocks. Fundamentally strong and still undervalued...

Posted by pradeep > 2020-05-19 15:19 | Report Abuse

Victory99 i agree with you but it is profit taking so let it be

Posted by volks2 > 2020-05-20 11:32 | Report Abuse

rebound now....

Posted by CSOON 77 > 2020-05-20 16:55 | Report Abuse

Something to surprise nice closing

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-05-20 18:26 | Report Abuse

Deleum the X yet to realised !

Posted by CSOON 77 > 2020-05-20 18:45 | Report Abuse

SERBADK ,VELESTO & UZMA just come very good DELEUM should be super B

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-05-20 19:21 | Report Abuse

<<<<Tom aka Kimly2>>>>  

请马上停止 消费 
venfx师傅的账号称  

有意义吗 ?  
都几岁人了 ? 
简直是浪费生命 ! 

酸民 很威吗 ？ 
可怜虫 一个

Posted by VenFx > 2020-05-20 20:58 | Report Abuse

Armada bro, u accumulated so many shares below 1.30, if Deleum can hit your TP 1.50 above, sure u can change new car already, your kancil is time to upgrade.
Tomorrow NEVER die

Posted by Albukhary > 2020-05-20 23:53 | Report Abuse

Hopefully tomorrow Deluem can break 80sen

Posted by pradeep > 2020-05-21 11:19 | Report Abuse

Be patient

Posted by CSOON 77 > 2020-05-21 17:39 | Report Abuse

QR out still profit

Posted by pradeep > 2020-05-21 18:07 | Report Abuse

Quarter result satisfactory

Posted by Najib Zamry > 2020-05-21 21:25 | Report Abuse

As I have mentioned, Deleum still record profit results during this tough period. Well done to the management.

Posted by limitupupup > 2020-05-21 21:31 | Report Abuse

panic d tmr another limit down after waseong

Posted by pradeep > 2020-05-22 00:07 | Report Abuse

waseong and Delium two different babies

Posted by ragesliew > 2020-05-26 13:00 | Report Abuse

Good time to buy deleum stock, look at their Historical Financial results, no loss reported despite oil & gas cycle - strong management in place, not those who sapu or depends on cronies

Posted by volks2 > 2020-05-28 09:39 | Report Abuse

so quiet.

Posted by Armada Quantum Leap Stock In 2020 > 2020-05-29 10:48 | Report Abuse

gg.. i chao first