Posted by serpent100 > 2022-02-15 17:01 | Report Abuse

Sedihnya.... Slow like turtle

Posted by strattegist > 2022-02-15 17:28 | Report Abuse

closed green 0.55

Posted by shocklim > 2022-02-15 18:18 | Report Abuse

Small green better than red lo

Posted by awesome20 > 2022-02-15 18:53 | Report Abuse

armada fresh breakout

Posted by Somsak007 > 2022-02-15 19:12 | Report Abuse

Better than SapN ... ada panic selloff

Posted by trading2019 > 2022-02-15 19:48 | Report Abuse

Brent crude is above USD90 yet our friend Bumi's share is only worth 0.55 cent. Investors are shying away from O&G counters because of these two rotten S apples; Sa***a and Ser*aD.

Posted by strattegist > 2022-02-16 11:28 | Report Abuse

weak

Posted by Invest123 > 2022-02-16 11:42 | Report Abuse

Game over

Posted by zonefinder > 2022-02-16 15:21 | Report Abuse

Qtr announcement this Friday?

Posted by strattegist > 2022-02-16 17:08 | Report Abuse

red 0.54

Posted by serpent100 > 2022-02-16 17:29 | Report Abuse

Hibiscus up... Armada drop....

Posted by nikicheong > 2022-02-16 17:45 | Report Abuse

This Friday or next week?

Posted by Somsak007 > 2022-02-16 20:51 | Report Abuse

Rilek ... harga $95 memang ada projek akan dtg... sabar ... sabar ... minum kopi O ... sabai sabai

Posted by JoshuaMS7 > 2022-02-17 09:29 | Report Abuse

weak

Posted by Macgyver11 > 2022-02-17 11:10 | Report Abuse

Oh no oh no oh no no no no no no noo

Posted by liverpool82 > 2022-02-17 12:30 | Report Abuse

afternoon rebound

Posted by louisongong > 2022-02-17 13:43 | Report Abuse

Revenue of RM1,026.1 million was RM421.5 million or 69.7% higher than the corresponding quarter’s revenue of
RM604.6 million, mainly from higher recognition of revenue from conversion of a Floating, Production, Storage and
Offloading unit (“FPSO”) following higher project progress in this quarter
misc report

Posted by Superhotdog > 2022-02-17 14:24 | Report Abuse

War coming soon....

Posted by serpent100 > 2022-02-17 15:11 | Report Abuse

Wat happen ya armada....

Posted by JoshuaMS7 > 2022-02-17 15:35 | Report Abuse

report should be red in this coming qtr.

Posted by bullmarket1628 > 2022-02-17 18:06 | Report Abuse

World’s Most-Important Oil Price Tops $100, Signals More to Come

https://www.bloomberg.com/news/articles/2022-02-16/world-s-most-important-oil-price-just-took-out-100-a-barrel

ByAlex Longley+Follow
February 17, 2022, 3:52 AM GMT+8

Forget the futures market, the world’s most important oil price just smashed through $100 a barrel with every sign it is going to push higher. 
Dated Brent, the price of cargoes bought and sold in the North Sea, reached $100.80 a barrel on Wednesday for the first time since 2014, according to S&P Global Platts, the company that publishes the marker. Price spreads in the futures market are pointing to one the tightest markets ever.....

Posted by JoshuaMS7 > 2022-02-18 10:08 | Report Abuse

Should break 0.500 today?

Posted by nikicheong > 2022-02-18 11:39 | Report Abuse

Been expecting some new contract award news, any day now for the Mumbai Port FSRU.

Posted by sparrow > 2022-02-18 12:57 | Report Abuse

https://www.upstreamonline.com/exclusive/indian-malaysian-venture-submit-sole-bid-for-limbayong-floater/2-1-1168491

Not sure if this is referring to Armada?

Posted by nikicheong > 2022-02-18 13:09 | Report Abuse

Not Armada, MTC

Posted by sparrow > 2022-02-18 13:52 | Report Abuse

But i saw from an old news it should be a consortium between armada, MTC and shapoorji?

https://www.pressreader.com/malaysia/the-borneo-post-sabah/20211023/282080575038666

Posted by nikicheong > 2022-02-18 14:10 | Report Abuse

Indian-Malaysian venture submit sole bid for Limbayong floater

Malaysian national oil company Petronas has received only one bid in its latest attempt to procure a floating production, storage and offloading vessel for the Limbayong project offshore Sabah, East Malaysia.

The bid for the FPSO contract was submitted by a consortium comprising Malaysia’s MTC and India’s Shapoorji Pallonji Oil & Gas (SP Oil & Gas).

The offer is being evaluated by Petronas, but multiple market sources expressed doubt whether MTC and Shapoorji would be awarded the contract given political complexities and question marks about the economics of the FPSO.

Limbayong is a prestigious project as it is Petronas’ first deep-water oilfield development in Malaysian waters.

However, the effort to secure the leased FPSO has been a stop-and-start affair for several years, with at least two previous bidding exercises.

This has taken a toll on FPSO contractors which have chosen to focus on other business opportunities and, hence, resulted in the current sole bid.

FPSO market sources were very surprised that Sabah International Petroleum (SIP), owned by the Sabah state government, did not submit an offer, although there were some suggestions in the market that a counter-offer could materialise featuring the brand new Sabah state company SMJ Petroleum.

Market sources were unanimous that the bidding exercise is heavily imbued with politics given the field is located in Sabah waters and recent agreements between Petronas and the Sabah state government ostensibly geared toward satisfying the state’s desire for a larger slice of its oil and gas pie.

MTC with Shapoorji and SIP were among the bidders in last year’s aborted FPSO tender process. Others contractors then interested included Bumi Armada, MISC and Yinson Holdings.

FPSO specs
It is understood the FPSO requirement is for a vessel capable of producing 60,000 barrels per day of liquids, including 40,000 bpd of oil, plus about 180 million cubic feet per day of gas.

Water injection facilities for up to 75,000 bpd would also be included. The FPSO is expected to have a nameplate storage capacity of 600,000 barrels of oil.

On offer previously was a firm 12-year lease period, and the contract carried two three-year options and another for a further two years.


One industry source said that TechnipFMC is pressing ahead with the subsea works on the deep-water project.

The London-headquartered subsea giant was tasked with the design, manufacture, delivery and installation of subsea trees, manifolds, umbilicals, flexible risers, flowlines, jumpers and other associated subsea hardware for the project.

At a ceremony to celebrate TechnipFMC’s contract, Petronas chief executive of upstream, Adif Zulkifli, said: “We hope the project… will give confidence and invite potential investors to collaborate further in maturing the country’s deep-water resources.

"Apart from monetisation, Limbayong will be a platform to enhance our internal capabilities in preparing for the next deep-water projects not only in Sabah but also in other regions.”


Companies such as Bluewater, Sofec, National Oilwell Varco’s APL division, and London Marine Consultants had been suggested as potential providers, and market sources confirmed that Bluewater, APL and London Marine are competing.

The Limbayong field contains an estimated proven and probable reserve of 139 million barrels of oil and 784 billion cubic feet of non-associated gas.

Water depths at Limbayong, which straddles blocks G, J and R offshore the state of Sabah, range to in excess of 1200 metres.

Petronas is understood to have a 90% interest with E&P Malaysian Ventures on 10%.

Petronas had not responded to a request for comment on the status of the Limbayong project and related FPSO tender at the time of publication.

Posted by nikicheong > 2022-02-18 14:10 | Report Abuse

NOT Bumi Armada

Posted by sparrow > 2022-02-18 14:58 | Report Abuse

ic...thanks for the info @nikicheong

Posted by Mabel > 2022-02-18 15:47 | Report Abuse

This operator really know how to play...

So difficult to break 60..

Meow

Posted by Ninja _07 > 2022-02-18 16:26 | Report Abuse

Operators will not let Armada break 0.60... Mabel wrote long time ago.. I remember

Posted by JoshuaMS7 > 2022-02-18 16:43 | Report Abuse

why said pass tense wor? now armada going to break 0.500 ad..

Posted by ken2004 > 2022-02-18 17:04 | Report Abuse

No more war, oil drop back....

Posted by Ninja _07 > 2022-02-18 17:07 | Report Abuse

Lasting and durable peace is what humanity needs in this world. Not war!

Posted by ken2004 > 2022-02-18 19:43 | Report Abuse

Iran oil coming back along, no war, no supply disruption....

Posted by Macgyver11 > 2022-02-18 20:28 | Report Abuse

Oh no oh oh no no no no no noooo!

Posted by Macgyver11 > 2022-02-18 20:34 | Report Abuse

Don't worry lah Iraq oil flooded the market no war all is bullsh##t lah. Oil always not enough the world is hunger for oil now. As long as opec and team stick with production plan they still control on the price. Next week they will announce crude oil stock decline then price move up again...Tom & Jerry story.

Posted by Gabriel Khoo > 2022-02-18 21:02 | Report Abuse

LONDON (Reuters) – OPEC+ will work to integrate Iran into its oil supply-limiting accord should agreement be reached on reviving its nuclear deal with world powers, sources close to the group said, seeking to avoid market share competition that could hit prices.

Posted by reborn23 > 2022-02-18 22:23 | Report Abuse

mark my words. good news coming. woof woof? meow meow?

Posted by alenac > 2022-02-19 17:23 | Report Abuse

Signs of imminent war, the oil prices will jump.

Warning sirens blared in Donetsk and Luhansk on Friday after rebel leaders there announced the evacuation of hundreds of thousands of people to Russia.

"We have reason to believe the Russian forces are planning to and intend to attack Ukraine in the coming week, in the coming days," Biden told reporters at the White House, adding that Kyiv would be a target.


Late on Friday, Ukraine's military intelligence said Russian special forces had planted explosives at social infrastructure facilities in Donetsk, and it urged residents to stay at home. The Russian Federal Security Service did not immediately reply to a request for comment


Earlier, separatist leaders in Donetsk and Luhansk issued video statements in which they announced the evacuations and accused Ukraine of preparing to attack both regions soon - an accusation Kyiv said was false.

https://www.reuters.com/world/europe/shelling-breaks-out-east-ukraine-west-moscow-dispute-troop-moves-2022-02-17/

Posted by alenac > 2022-02-19 20:34 | Report Abuse

Third world war is possible as all the past 2 world wars started in Europe. Now with nuclear arsenals to be deployed by madman Putin. This man is unstable and was responsible for the shooting of MAS plane over Ukraine.

DONETSK, Ukraine, Feb 19 (Reuters) - Russia's President Vladimir Putin was set to oversee exercises by strategic nuclear missile forces on Saturday as Western leaders gathered in Munich, fearful that he could order troops massed on Ukraine's border to invade at any time.

Russian-backed separatist leaders in eastern Ukraine declared a full military mobilisation, a day after ordering women and children to evacuate to Russia, citing the threat of an imminent attack by Ukrainian forces. Kyiv flatly denied the accusation and Washington said it was part of Russia's plan to create a pretext for an invasion of Ukraine. read more

Posted by serpent100 > 2022-02-20 10:12 | Report Abuse

See u tomorrow.... Q on 48 sen....

Posted by Macgyver11 > 2022-02-20 16:36 | Report Abuse

48...eeemm

Posted by Macgyver11 > 2022-02-20 16:37 | Report Abuse

https://www.bharian.com.my/dunia/eropah/2022/02/924738/russia-bersedia-lancar-serangan-penuh-ke-atas-ukraine-nato

Posted by Macgyver11 > 2022-02-20 16:38 | Report Abuse

This news enough to push oil prices higher tomorrow.

Posted by strattegist > 2022-02-21 10:07 | Report Abuse

pegun

Posted by JoshuaMS7 > 2022-02-21 10:46 | Report Abuse

should break 0.480 soon!

Posted by nikicheong > 2022-02-21 10:50 | Report Abuse

Results week. Good luck all!

Posted by fudrud > 2022-02-21 13:42 | Report Abuse

Expect a record breaking year!

Posted by JoshuaMS7 > 2022-02-21 15:29 | Report Abuse

Expected rather poor record coming qtr.