KUALA LUMPUR: Oil-and-gas services firm SapuraKencana Petroleum Bhd (SapKen) reiterates that the company’s operations in Brazilian waters on a long-term contract with Petroleo Brasileiro SA (Petrobras) is not under any threat of cancellation in spite of the oil giant’s fiscal difficulties.
“We have been doing work there for almost 2½ years and we have been operating at close to full utilisation.
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