UAE project could lead to more job wins for Sapura Energy


KUALA LUMPUR: Kenanga research is positive over news that Sapura Energy Bhd's joint venture with Petrofrac has secured a US$591mil EPC contract from the Abu Dhabi National Oil Company (Adnoc) for the Daima Gas development project.

The research house maintained its outperform call on the stock with a target price of 33 sen.

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