SAPURA Energy Berhad

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Analysts Positive On Sapura’s Outlook

SAPURA Energy Berhad is predicted to break even financially in the second quarter of 2020, according to Kenanga Research. The research house believes the outlook is underpinned by the improved drilling utilization, engineering, and construction (E&C) jobs load-out, and interest and depreciation savings from its recapitalization and impairments done last year. Last week, the integrated oil and gas services company…