HLIB noted that many offshore marine services companies have exited the industry, while some had gone bust following the slump in oil prices from 2015 to 2020.
KUALA LUMPUR: Dayang Enterprise Holdings Bhd
is expected to benefit from an increase in offshore support vessels (OSV) charter and blended fleet utilisation rates, this year.
Following a conference call with the integrated oil and gas services provider, Hong Leong Investment Bank (HLIB) Research said it is upbeat about the company’s earnings prospects this year.
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