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Podcast  >  Morning Run  >  Market Watch  >  Sapura Kencana Primed for O&G Recovery

Sapura Kencana Primed for O&G Recovery

Wan Mohd Zahidi, Analyst, RHB Research

03-Feb-17 09:20

Sapura Kencana Primed for O&G Recovery

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 equitiessapurakencana petroleumOil and GasYinsonUMW O&GPetronasSaudi Aramcocrude oil prices

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