KNM Group Bhd, Malaysia’s leading publicly traded oil and gas services provider, declared there are signs demand is picking up after a crude-price rally triggered a revival of exploration projects. For full story, click here
KNM Group Bhd. reported to consider leading a management buyout of the Malaysian oil and gas services provider as long as banks can raise the funds. Managing Director, Lee See Eng expects oil and gas producers to proceed with more exploration projects if oil surges beyond $50 a barrel, or stabilizes at a level between [...]
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