Good potential for SapuraKencana
July 2, 2013 11:00 amFinancial 2015-2016 forecast earnings for SapuraKencana are maintained on anticipation that the completion of the acquisition of Seadrill’s tender rigs will propel earnings momentum further.
Financial 2015-2016 forecast earnings for SapuraKencana are maintained on anticipation that the completion of the acquisition of Seadrill’s tender rigs will propel earnings momentum further.
SapuraKencana Petroleum Bhd, fresh from securing a RM8.5 billion contract in Brazil, is expected to clinch between RM2 billion to RM3 billion more jobs this year.
SapuraKencana and Norway's Seadrill have landed a $2.7 billion contract from Brazilian giant Petrobras for three flexible deep-water pipe-laying support vessels.
Norway's Seadrill and SapuraKencana Petroleum Bhd have extended the validity period for the non-binding agreement to integrate Seadrill's tender rig business into SapuraKencana.