oil majors

“The oil and gas deal environment continues to reflects uncertainty as the industry redefines its role and the value of its assets in the face of the growing transition to low-carbon and no-carbon energy,” says Andy Brogan, EY global oil & gas leader.

SINGAPORE (May 29):  Nam Cheong, the Malaysia-based builder of OSVs (offshore support vessels), says subsidiary SKOSV Sdn Bhd has clinched long-term chartering contracts for three OSVs worth RM80 million ($26.4 million) with Malaysian oil majors.