Sapura Kencana Primed for O&G Recovery
Wan Mohd Zahidi, Analyst, RHB Research
03-Feb-17 09:20
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Sapura Kencana recently bagged a $300m contract for engineering & drilling works prompting RHB Research to upgrade its earnings forecast by 8% for FY18. Wan Zahidi, Analyst also shares his thoughts on Saudi Aramco's recent snub of Petronas to be a JV partner for its RAPID project in Johor, and if he expects a healthy pipeline of job-flows and award of contracts for the rest of 2017.
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Tags: Malaysia equities, sapurakencana petroleum, Oil and Gas, Yinson, UMW O&G, Petronas, Saudi Aramco, crude oil prices