Tag Archive: Petrobras

Research houses maintain ‘buy’ on SapuraKencana

December 11, 2014 2:29 pm Published by

Research houses have maintained 'buy' calls on SapuraKencana Petroleum Bhd following its solid net profit of RM1.1 billion for the nine months of financial year ending January 31, 2015. Strong earnings growth driven by acquisitions of tender rigs and energy businesses and higher contributions from the offshore construction segment.

SapuraKencana’s brazil ops ahead of schedule

July 3, 2014 8:38 am Published by

SapuraKencana Petroleum Bhd has launched its first pipe-laying support vessel (PLSV) for state-run Petrobras off Brazil, ahead of schedule. The company expects this new operations to start contributing to the group's revenue soon.

Exciting times ahead for SapuraKencana, says Alliance IB Research

November 11, 2013 10:02 am Published by

Alliance IB Research analyst Arhnue Tan said exciting times are ahead for SapuraKencana Petroleum Bhd with the first Petrobras contract commencing next year, the tender rigs purchase starting to contribute earnings and the Berantai marginal field moving towrads full production.

Petrobas U-turn boon for SapuraKencana

September 6, 2012 11:35 am Published by

SapuraKencana Petroleum Bhd maintain outperform at RM2.41 with a target price of RM2.97: Congenstion at Brazilian yards is one of the factors that prompted Petrobas to open up the construction of vessels to foreign shipyards.