KUALA LUMPUR: AmInvestment Bank Research expects Sapura Energy Bhd
's order book to be boosted by nearly a third if it secures its bid for a contract for the central processing platform for SapuraOMV Upstream Sdn Bhd's Jerun field development in offshore Sarawak.
"We estimate that securing this project alone could boost Sapura’s outstanding order book of RM12.5bil by 32%, reversing its declining sequential trend over the past 2 quarters," it said in a note.
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