Petronas

Bintai Kinden Expands Further into O&G

Retrieved on: 
Tuesday, January 3, 2023

Executive Director of Bintai Kinden, En.

Key Points: 
  • Executive Director of Bintai Kinden, En.
  • PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.
  • Azri Azerai, Executive Director of Bintai Kinden said, "The latest award of subcontracts to BESB is part of the partnerships and tie-ups we are pursuing to grow our O&G-related business.
  • This includes seeking opportunities and partnerships with companies that share the same vision as Bintai Kinden, in Southeast Asia.

Weifang eyes expansion in overseas markets

Retrieved on: 
Wednesday, December 14, 2022

Weifang, a city in East Chinas Shandong province, has been making efforts to expand overseas markets to achieve a higher level of opening-up.

Key Points: 
  • Weifang, a city in East Chinas Shandong province, has been making efforts to expand overseas markets to achieve a higher level of opening-up.
  • As COVID-19 epidemic control measures continue to be optimized in China, Weifang is encouraging local companies to explore overseas markets by releasing a series of supporting measures, which include providing consultation services and simplifying the approval process.
  • Weifang has always been a hot spot for foreign investment, said Feng Bo, director of the Weifang bureau of commerce.
  • In addition, Weifang enterprises are also encouraged to establish overseas factories or institutions around the globe as a way to expand the international market.

Jan Secher appointed as new Chairman of Agilyx and Martha Crawford as Independent Director

Retrieved on: 
Monday, October 24, 2022

Mr. Secher held a variety of senior executive roles at ABB including membership on its Executive Committee.

Key Points: 
  • Mr. Secher held a variety of senior executive roles at ABB including membership on its Executive Committee.
  • Martha Crawford brings extensive executive experience in the chemicals, engineering and consumer goods industries.
  • Crawford also brings deep expertise in environmental regulation, having served as Principal Administrator of the OECD's Environmental Performance and Information Division.
  • The Agilyx Board of Directorsnow consists of Jan Secher (Chair), Ranjeet Gill Bhatia, Carolyn Sarah Clarke, Catherine Clinton Keenan, Martha Crawford, Steen Jacobsen and Peter Norris.

Bintai Kinden Shareholders Approves All Resolutions at 28th AGM

Retrieved on: 
Thursday, September 15, 2022

PETALING JAYA, Malaysia, Sept 15, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that shareholders have approved all resolutions at the 28th Annual General Meeting (AGM) of the Company held today on a virtual platform.

Key Points: 
  • PETALING JAYA, Malaysia, Sept 15, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that shareholders have approved all resolutions at the 28th Annual General Meeting (AGM) of the Company held today on a virtual platform.
  • Messrs. HLB Ler Lum Chew PLT was also appointed as the auditors of Bintai Kinden and shareholders authorised the directors to fix their remuneration.
  • Azri Azerai, Executive Director of Bintai Kinden said, "We would like to thank shareholders for their continued support and confidence in us.
  • Headquartered in Malaysia, Bintai Kinden has worked on projects in Southeast Asia, China and the Gulf region of the Middle East.

Shell, EGAS and Petronas award Idku Energy Hub project FEED to Bechtel-led coalition

Retrieved on: 
Thursday, September 8, 2022

CAIRO, Sept. 8, 2022 /PRNewswire/ -- Shell Egypt, EGAS and Petronas have awarded a front-end engineering and design (FEED) contract to a Bechtel-led coalition that includes Enppi and Petrojet to study a proposed unified power system between the onshore gas processing plant of the West Delta Deep Marine (WDDM) gas fields in the Mediterranean Sea off the coast of Egypt, and the Egyptian LNG export terminal (ELNG) in Idku, east of Alexandria.

Key Points: 
  • The FEED, for the Idku Energy Hub project, will explore the benefits of a One Power Hub concept, integrating the electrical power systems at the WDDM and ELNG, as opposed to having two separate systems.
  • "This project is a demonstration of our commitment to powering progress by providing more and cleaner energy," Eng.
  • "As partners in Egypt's journey to become a regional energy hub we are also mobilizing our efforts and expertise to support the country's energy efficiency ambitions.
  • "This project is an excellent example of private and public sector partnership to support Egypt's decarbonization strategy," Paul Marsden, President of Bechtel Energy said.

Bintai Kinden Posts 152% Rise in Revenue for 1Q

Retrieved on: 
Friday, August 26, 2022

The Company's M&E engineering business contributed RM26.43 million for 1Q FY2023, which is an increase of 203.72% compared with RM8.7 million in 1Q FY2022.

Key Points: 
  • The Company's M&E engineering business contributed RM26.43 million for 1Q FY2023, which is an increase of 203.72% compared with RM8.7 million in 1Q FY2022.
  • Bintai Kinden operates the entire in-campus accommodation for Universiti Melaka as part of a 25-year concession from Kolej Teknologi Islam Melaka Berhad (KTIMB).
  • As of 31 March 2022, KTIMB owes Bintai Kinden an outstanding sum of RM30.18 million from the concession.
  • Azri Azerai, Executive Director of Bintai Kinden said, "We will continue to leverage on our core M&E engineering specialisation to seek opportunities in Malaysia and around the region.

APA Corporation Announces First Discovery in Block 53 Offshore Suriname; Provides Update on Block 58 Operations

Retrieved on: 
Tuesday, August 23, 2022

HOUSTON, Aug. 23, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58.

Key Points: 
  • HOUSTON, Aug. 23, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58.
  • The discovery at Baja-1 is a down-dip lobe of the same depositional system as the Krabdagu discovery, 11.5 kilometers to the west in Block 58.
  • Our success at Baja marks the 6th oil discovery we have participated in offshore Suriname, and the first on Block 53, said John J. Christmann, APA CEO and president.
  • APA also announced that operations have concluded on the Dikkop exploration well in Block 58.

Global Electric Vehicle Fluids and Lubricants Market Report (2022 to 2031) - Coolants for EV Electronics and Charging Port Cables Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 21, 2022

The growth in the fluids and lubricants market for electric vehicles is expected to be driven by increasing sales of electric vehicles around the world.

Key Points: 
  • The growth in the fluids and lubricants market for electric vehicles is expected to be driven by increasing sales of electric vehicles around the world.
  • The fluids and lubricants market for electric vehicles is at an early stage and is growing swiftly.
  • The fluids and lubricants market for electric vehicles is in the growth phase.
  • As a result, the fluids and lubricants market for electric vehicles is expected to flourish in the forecast period 2022-2031.

The Worldwide Carbon Capture Utilization and Storage Industry is Expected to Reach $12.1 Billion by 2031 - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 16, 2022

The global carbon capture utilization and storage (CCUS) market was valued at $2,100.0 million in 2021 and is expected to reach $12,159.6 million by 2031, growing at a CAGR of 19.2% between 2022 and 2031.

Key Points: 
  • The global carbon capture utilization and storage (CCUS) market was valued at $2,100.0 million in 2021 and is expected to reach $12,159.6 million by 2031, growing at a CAGR of 19.2% between 2022 and 2031.
  • Lack of storage facilities and leakage of CO2 from underground storage are some key restraining factors of the industry.
  • The global carbon capture utilization and storage market is still in a nascent phase.
  • The U.S. has the largest carbon capture utilization and storage industry as oil and gas companies use captured carbon for enhanced oil recovery.

APA Corporation Provides an Activity Update for Suriname Block 53

Retrieved on: 
Monday, June 13, 2022

HOUSTON, June 13, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided results from recent drilling operations on Suriname Block 53.

Key Points: 
  • HOUSTON, June 13, 2022 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today provided results from recent drilling operations on Suriname Block 53.
  • APA Suriname, the operator, holds a 45% working interest in the block, with Petronas holding a 30% working interest and CEPSA holding a 25% working interest.
  • APA has completed operations on the Rasper well in the northwestern area of the block.
  • The Noble Gerry de Souza drillship will be mobilizing to the next exploration prospect, Baja, in the southwestern corner of Block 53.