TechnipFMC has signed an agreement with Malaysian oil and gas firm PETRONAS’ subsidiary PETRONAS Technology Ventures Sdn Bhd (PTVSB) for commercializing a natural gas processing membrane, which is claimed to cut down greenhouse gas (GHG) emissions. Under the technology commercialization agreement, TechnipFMC will leverage and incorporate its membrane-based technology that is licensed from the Malaysian […]
Aurionpro Solutions Limited said that it has successfully implemented the version upgrade of Murex application for one of the top Malaysian banks. The Mumbai-based technology products and solutions provider claimed that its team of experienced resources with the necessary skills completed the implementation with smooth transition to the higher version of the system post go-live. […]
Indian IT services provider Wipro has won a multi-year contract from Maxis Broadband, a Malaysian converged solutions provider, for supporting its IT transformation journey. Under the contract, Wipro will be responsible for providing various aspects of IT managed services for Maxis Broadband for hybrid Infrastructure and application maintenance. Apart from that, the Indian IT firm […]
VA TECH WABAG (WABAG), an Indian water treatment company, has bagged a $11.45 million contract for installing a new effluent treatment plant for PETRONAS’ $27 billion Pengerang Integrated Complex in Malaysia. The contract was awarded by Malaysian construction engineering company Dialog E&C Sdn. Bhd. The Pengerang Integrated Complex located in Johor is being constructed by […]
Fineotex Chemical Limited, an Indian specialty chemical producer, has forged a joint venture (JV) agreement with biotech solutions provider HealthGuard Australia. The Indian firm will become the exclusive global marketing and sales channel partner of HealthGuard Australia with joint operations from Malaysia. With the partnership, Fineotex Chemical will add metal-free safety to its portfolio to […]
French insurance company AXA has agreed to divest its insurance operations in Malaysia to Italian insurer Generali for €140 million. The sale includes AXA’s 49.99% stake in AXA Affin General Insurance (AAGI), a property and casualty (P&C) insurer, and a 49% stake in life insurer AXA Affin Life Insurance (AALI). Both AXA Affin General Insurance […]
Tyson Foods said that it has launched a new range of plant-based products under the First Pride brand in certain retail markets and e-commerce sites across the Asia Pacific. The US meat processing company said that this is the first time it has rolled out plant-based products in Asia. Initially, Tyson Foods is launching the […]
Reliance Jio Infocomm said that it is taking part in the construction of two new submarine cable systems centered on India – the India-Asia-Xpress (IAX) system and the India-Europe-Xpress (IEX) system. The Indian 4G and mobile broadband digital service provider is constructing the cable systems in conjunction with various key global partners and submarine cable […]
Malaysian oil and gas company, PETRONAS, has awarded Vestigo Petroleum Sdn. Bhd. the South East Collins Cluster Production Sharing Contract (PSC) aimed at monetizing an array of small, discovered resource opportunities in Malaysian waters. This move aligns with PETRONAS’s strategy to exploit smaller fields which, despite their size, represent valuable assets within the country’s oil […]
Sapura Energy, a Malaysian oil and gas services company, has won three contracts with a total value of 840 million Malaysian Ringgit ($206 million) in South America and Africa. The contracts include a couple of major project wins in South America, and a drilling contract in the Ivory Coast. In South America, Sapura Energy’s subsidiary […]