Trenergy (Malaysia) Berhad has proposed to purchase a 32% stake in Malaysian Merchant Marine (MMM...
This purchase will allow Trenergy to expand its FPSO capabilities in lieu of its plans to provide FPSO facilities to the new Kikeh oil field off the coast of Sabah. Currently, the company only operates a single vessel - Perintis - that does not have the capacity for the task.
MMM has a fleet of 12 vessels - mostly car carriers and tankers - and three of them are expected to be converted into FPSOs, which will then be leased to Trenergy at favourable prices.
The role of batteries and storage in Australia’s energy transition
Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.
ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive
ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.
Copyright © 2026 Aspermont Ltd. All rights reserved, including those for text and data mining, AI training, and similar technologies. Aspermont Limited (ABN 66 000 375 048), Level 33, 152-158 St Georges Terrace, Perth WA 6000
