Malaysia’s Scomi Group Bhd and Crest Petroleum Bhd will form a joint-venture company to provide marine vessel transportation services to the oil and gas industry. In separate statements, the two companies said the joint venture company will have a paid-up capital of RM100,000. (US$1=RM3.8). The 60/40 venture with Scomi as the majority stakeholder will allow…
MALAYSIAN: Scomi, Crest forms 60/40 joint venture
Posted on October 16, 2003 by EnergyAsia