edotco bags Frost & Sullivan's APAC Telecoms Tower Company of the Year award

KUALA LUMPUR, April 5 (Bernama) -- End-to-end integrated telecommunications infrastructure company edotco Group Sdn Bhd has bagged Frost & Sullivan's “Asia Pacific (APAC) Telecoms Tower Company of the Year” award for the third year running.

edotco Group chief executive officer Suresh Sidhu said sustainability is a core principle that guides its overall business operations to ensure that it creates a positive social impact in markets it operates in.

“I am proud to share that we closed 2018 with a total of 1,112 green sites, comprising sites using renewable energy and alternative materials, and a total of over 1,000 homes powered up with electricity.

“This award is truly a validation of our work across the region,” he added.

The Frost & Sullivan Asia Pacific Best Practices Awards recognise best-in-class companies that excel in their respective business segments, as well as their efforts to develop the industry.


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Government pragmatic in not setting higher targets for renewable energy

By Mikhail Raj Abdullah

KUALA LUMPUR, April 8 -- Malaysia should not be pressured into setting higher targets under its renewable energy (RE) policy.

Moody’s expects O&G firms to raise Capex in 2021

KUALA LUMPUR, April 8 -- Oil and gas (O&G) companies are expected to increase their capital expenditure (capex) programme in 2021, if crude oil prices stay between US$60 and US$70 per barrel (US$1= RM4.13), according to Moody's Investors Service.

Velesto wins RM73 mln job for provision of jack-up drilling rig services

KUALA LUMPUR, April 7 -- Velesto Energy Bhd's wholly-owned subsidiary, Velesto Drilling Sdn Bhd has won a contract for the provision of jack-up drilling rig services for Sarawak Shell Bhd/ Sabah Shell Petroleum Company Ltd.

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