Scomi Energy keeps an eye on pickup in O&G industry
KUALA LUMPUR (Aug 21): Scomi Energy Services Bhd is still confident on the prospects of the oil and gas (O&G) industry, as it expects more business opportunities amid stabilising oil prices and the pickup of exploration activities this year.
Speaking to the press after its annual general meeting here today, Scomi Energy chief financial officer Chako Kunjuvaru said the company is still holding on to some of its O&G assets, as it has seen oil rig activities pick up this year.
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