5678, it's suspended till 5pm today... so only monday resume trade
The Board of Directors of TH Heavy wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has approved the Company's request for suspension in the trading of securities of TH Heavy on the Main Market of Bursa Securities with immediate effect until 5.00 pm on Friday, 21 December 2012 pending release of a material announcement. The request for suspension is made under subparagraph 3.1(b)(iii) of Practice Note 2 on Request For Suspension of the Main Market Listing Requirements of Bursa Securities.
Mcdermottt coming back into the region! Hmmmmm...potential upside and downside...they were vicious few years back when they had the Petronas contract!..hmmmmmmmm...DB30 and DB26 coming again!
Hahahaha...to answer your question, had dealt with them in the past 2nd question, it can be good, it can be bad, depends which part of perspective u looking at 3rd question, yes 4th question, im not a fortune teller...hahahahaahaha....hope for the best!
“On a broader scale, the joint venture between THHE and McDermott will benefit Malaysia’s goals to create more jobs in the local economy. It will also support our aspiration to become the number one hub for oil and gas manufacturing and services in the Asia Pacific region,” Azizan added.
I believe they will be very aggressive and it should bode well for THHeavy
Coastal, very aggressive in Thailand.. Currently they eyes for best talent in malaysia.. Not suprise another player like newfield in the making they shall be..
Thh, still long way to go, RSC is too big for them to swallow rite now.. Need to give them ample time to handsomely strengthen their expertise..
I should change my name to superdan as pirate99 quote...hahahaha...some called me surelydone! Hahahahahah...goodluck on Monday..have a nice weekend...i might buy more in soon...
Right now, the most active region for offshore o&g are Gulf of Mexico (seadrill) and Malaysian waters... Secondary would be australia and also onshore like russia, alaska and eastern europe... Well..lets do the maths for related companies in O&G...
hmmnn... a strong jv partner for thhe. McDermott also has good relationship with Murphy Oil... it supports the rumors that the jv will be awarded more projects by Murphy..
any expert in O&G industry can comment on this? Of course, invest at own risk.. forum is just sharing of info and ideas...
Thursday May 10, 2012 Berlian McDermott awarded deep sea contract
HOUSTON: McDermott International Inc’s Malaysian affiliate Berlian McDermott Sdn Bhd has been awarded a significant subsea contract for executing a deepwater engineering, procurement, construction, transportation, installation and commissioning project offshore Malaysia.
In a statement, McDermott said the value of the contract was included in it’s first quarter 2012 backlog.
It said the award was for the subsea infrastructure of the Siakap North – Petai (SNP) Development Project operated by Murphy Sabah Oil Co Ltd, comprising rigid flowlines, flexible risers, an umbilical and subsea hardware and controls. The SNP field is located nearby the existing Kikeh field, northwest of Labuan Island, in waters 3,900-4,900 ft deep.
Risk Service Contracts in Malaysia. 1st Contract, Balai Cluster awarde to ROC Oil,Dialog aqnd Petronas Carigali. 2nd RSC contract for Berantai Field awarded to Kencana Petroleum,Sapura Crest and Petrofac Energy (later Kencan & Sapura has merged).3rd RSC awarded to Coastal energy and Petra Energy for Kapal,Banang and Meranti fields.There are many marginal fields to be awarded as RSCa and as such, will TH,McDermott and Murphy form an alliance to participate?????????
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....
sheridansulik
512 posts
Posted by sheridansulik > 2012-12-21 09:35 | Report Abuse
Hahahah...u are one thheavyuser! U should go to the site and do investor's site visit