Evening guys.Seems that lately I have been posting more news instead of my common posting ;) Reasons why, there was a lot of biggie newzz hits local oil and gas. It is noted that Sime Darby's Energy and Utility division forms partnership with Houston's Mustang Engineering. Maybe they will sit close to his brother JP Kenny @ Kia Peng. Just wondering which projects they are gonna bid for, O I mean local hehe. Today's newspaper mention that PETRONAS are forward in developing marginal and enhanced recovery through RSC(Risk Sharing Contract) as an alternate for PSC.
HOUSTON -- Mustang and Sime Darby’s Energy & Utilities Division have entered into a joint-venture to form Mustang Sime Darby. The new company will provide project management, design, and procurement support services for the Southeast Asian oil and gas industry from a regional hub in Kuala Lumpur. The venture also will expand Mustang’s global presence in Southeast Asia
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