SapKen set to weather downtrend


SapuraKencana Petroleum Bhds Lumut fabrication yard

SINCE early April, Brent crude averages at US$63.54 per barrel, 15% higher than the US$55.11 per barrel level in the first quarter.

The country’s biggest oil and gas (O&G) services provider SapuraKencana Petroleum Bhd (SapKen) is assuming Brent crude to trade at US$55 per barrel for the year.

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