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PETRONAS Diversifies Its Global LNG Fleet With Three Newbuild Vessels

KUALA LUMPUR, April 30 (Bernama) -- PETRONAS LNG Ltd. (PLL) has signed a Time Charter Party (TCP) for three newbuild 174,000 cubic metres LNG vessels with shipowner, Hyundai LNG Shipping (HLS). The deal with HLS was awarded via an international tender exercise to support PETRONAS’ growing global LNG business portfolio.

As part of the agreement, HLS had signed shipbuilding contracts with Hyundai Heavy Industries (HHI) for the construction of the three vessels. Upon completion, these vessels would be amongst the most energy efficient LNG carriers ever built, with shaft generators powered by LNG. These vessels are also installed with air lubrication systems that reduce hull resistance and are designed with an optimised hull design that reduces aerodynamic drag at sea.

SCBuild plans to invest up to RM13.5 bln in renewable energy business in 10 years

PETALING JAYA, April 28 -- SC Estate Builder Bhd (SCBuild) plans to invest between RM9 billion and RM13.5 billion in 10 years as it is gearing into the renewable energy (RE) business in Malaysia particularly in solar power plants and solar power on the roof.

KPower's unit secures hydro power plant contracts worth RM510 mln

KUALA LUMPUR, April 28 -- KPower Bhd’s wholly-owned subsidiary KPower Engineering Sdn Bhd has been awarded four contracts with a total value of RM510 million from Cabaran Hijau Sdn Bhd, Selat Serasi Sdn Bhd, Denai Delima Sdn Bhd and Koridor Mentari Sdn Bhd. 

Serba Dinamik's JV firm Block 7 to develop innovation hub in Abu Dhabi

KUALA LUMPUR, April 23 -- Serba Dinamik Holdings Bhd, via its Emirati joint venture Block 7 Investments, has secured a contract to develop the first innovation hub in the Industrial City of Abu Dhabi, United Arab Emirates (UAE).

IBR promotes stability, strength to the energy sector 

By Saraswathi Muniappan

KUALA LUMPUR, April 23 -- Malaysia’s bold move to implement the Incentive-Based Regulation (IBR) in the energy sector almost eight years ago has allowed its electricity framework to remain flexible and sustainable.

SEDA to boost promotion of Save 2.0 programme

PUTRAJAYA, April 19  -- The Sustainable Energy Development Authority (SEDA) is set to boost the promotion of the Sustainability Achieved via Energy Efficiency (SAVE) 2.0 programme, as only 40,000 households have benefited from it so far.

Boustead partners Next Gen to co-create new economic ecosystem with renewable algae biofuel technology

KUALA LUMPUR, March 19 -- Boustead Holdings Bhd has partnered Next Generation Oil Sdn Bhd (Next Gen) to co-create a new economic ecosystem with renewable algae biofuel technology, which will result in a reduction of greenhouse gases emitted by traditional fossil fuels.

TNB to increase percentage of Bumiputera vendor participation in power supply

KUALA LUMPUR, April 12 -- Tenaga Nasional Bhd (TNB) intends to increase the percentage of bumiputera vendor participation and value-added in the utility company's vendor group.

MPIA sees positive growth in solar PV industry, expects more NEM quota allocation

KUALA LUMPUR, April 12 -- Malaysia is seeing "very positive growth” in both the rooftop and large scale solar (LSS) segments of the country’s solar photovoltaic industry, according to the Malaysian Photovoltaic Industry Association (MPIA).

Serba Dinamik offers one-stop centre for cybersecurity, digital privacy services  

By Nadia Jumri

KUALA LUMPUR, April 12 -- Serba Dinamik Group Bhd, through its cybersecurity arm, is offering a convergence digital platform that focuses on cybersecurity and digital privacy services known as the E-Security and Privacy Channel (ESPC).