Up, up, up!!!! MHB boleh!!! Dulu saya beli rm4.00, down to rm0.40!!! I still hold, to today Beli balik at rm0.52. Sudah pickup and hold. Hope MHB can goreng up to rm4.50 is good enof for me. Kalsu rm8.00, it is a bonos!!!
Waow Cikminah.. still holding tight ya.. salute you.. I recalled mhb ipo priced around RM3+, spiked to RM8+ in 2012, down all the way to 0.40c. Really need catalyst to go North. Limited people working in yard with potential work delayed ?
Malaysian oil and gas company Petronas on Tuesday confirmed the contract award to TechnipFMC for the engineering, procurement, construction, installation, and commissioning for a subsea production system, umbilical, riser, and flowline (SURF) for its Limbayong deepwater development, offshore Malaysia.
A virtual signing ceremony was held Tuesday to commemorate the award of the contract to FMC Wellhead Equipment Sdn Bhd, a subsidiary of TechnipFMC.
Petronas' Executive Vice President and Chief Executive Officer of Upstream Adif Zulkifli:"The Limbayong project is aligned with Petronas' three-pronged growth strategy to expand our resource base. We hope the project, which is PCSB’s first deepwater development undertaking in Malaysia, will give confidence and invite potential investors to collaborate further in maturing the country’s deepwater resources. Apart from monetization, Limbayong will be a platform to enhance our internal capabilities in preparing for the next deepwater projects not only in Sabah but also in other regions.”
Limbayong is an oil and non-associated gas field located 120 kilometers offshore Sabah in water depths of between 900 and 1,200 meters. The field consists of 10 deepwater wells which tie back to the project’s Floating Production Storage and Offloading unit while the subsea system is made up of SURF.
As for the FPSO, World Energy Reports' May FPSO report (paywall) shows the project is in the bidding phase, with the FPSO contract expected to be awarded in Q3 2021
Petronas in Oct 2020 issued a new tender to lease an FPSO for the Limbayong field offshore Sabah Malaysia.
Per WER, the FPSO is to be capable of producing 40,000 b/d oil, 90 mmcf/d gas, and injecting 75,000 b/d water -- and have storage for 600,000 bbls.
Local content requirements for FPSO fabrication favor local contractors. The lease will be for 12 yrs firm + 3 + 3 + 2 yr options, WER has reported.
According to WER, bids were submitted on Feb 2, 2021, with MISC, Yinson, Bumi Armada, and SIP are among the bidders.
Petronas is the field operator and has 100% interest in Limbayong.
Oil extends rally Oil prices rallied powerfully once again yesterday, as the election of a new hard-line president in Iran reduced the possibility of a nuclear agreement
Useless stock. Minyak naik, dia tetap stagnent. Tak tahu, apa CEOnya buat, makan tidor je ke...????? Duit orang semua terperanglap kat stock ni Nak naik satu sen.pun, seksa!
i am also a victim. when the price was sliding from rm 6 level to 3.50 level in 2015, i thought i was very lucky and bought 10k @ 3.46. i stil holding the shares and i did not average down till today.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
greencode
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Posted by greencode > 2021-06-01 22:25 | Report Abuse
Brakeout