PETALING JAYA: Analysts are maintaining an “overweight” call on the oil and gas sector in view of stabilising crude oil prices and reimposed sanctions on Iran and Venezuela.
In addition, Malaysia’s order flows in the second quarter of 2018 are likely to be steady, with Sapura Energy Bhd recently securing RM1.8bil of fresh contracts comprising engineering, procurement, construction, installation and commissioning (EPCIC) and rig charters.
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