Velesto Energy Bhd is anticipated to secure several short-term contracts from the second quarter of 2021, which will help offset potential weak results for the jack-up rig service provider.
Negotiation with Petronas is imminent as the Naga 2, Naga 3, Naga 5 and Naga 6 occupied for three years each until 2022 forecasts. They're negotiating new subcontract beyond 2022
It’s expected as there are no other major local players in the market. Key is Petronas and other oil majors. Oils price will be the leading indicator for things to take place. In this case more drilling is required if price remain $ 60+
12 Hurricanes Hit USA in 2020....2021 Season starts Mid March, 2021...Weather pattern is get worst....Oil supply disruption will get more frequent...When WTi shoots Up, Brent price follows
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Flybythenite
782 posts
Posted by Flybythenite > 2021-02-19 18:16 | Report Abuse
Dah cakap, no cash don’t play. Oil up and down no one knows.