AmInvestment reiterates bullish outlook on Sapura Energy


The Sapura Diamante pipe-laying support vessel, deployed in the Gulf of Mexico, is one of six units co-owned with Seadrill

KUALA LUMPUR: AmInvestment Bank Reseach has maintained its forecasts on Sapura Energy Bhd on expectations that the group's 50%-owned joint venture involving six flexible pipelay support vessels will mantain operations.

The group's partner in the joint venture, Seadrill,has filed for voluntary Chapter 11 bankruptcy protection in the US for its Asian-based subsidiaries.

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