Australia’s WorleyParsons said the suspended licence of its Malaysian joint venture has now been reinstated, allowing it to conduct upstream activities in the country.
Local media revealed on Wednesday that state regulator Petronas had issued a licence suspension to Ranhill Worley, an engineering company jointly owned by WorleyParsons and Ranhill Energy and Resources.
This effectively banned the company from working in both the upstream and downstream sectors of Malaysia as of 17 July, including participating in any new or ongoing Petronas tenders.
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