| KLSE : SKPETRO | SAPURAKENCANA PETROLEUM BHD |
| Last Price | Today's Change | ||
| 2.17 |  -0.07 (3.12%) |
http://klse.i3investor.com/servlets/stk/5218.jsp
SapuraKencana Petroleum Bhd, one of the world's largest full-fledged integrated oil and gas service providers, expects
to bid for RM12 billion worth of contracts by year-end, its President and Group Chief Executive Officer Datuk Seri Shahril Shamsuddin said today.
Currently, he said, the company was bidding for RM7 billion worth of jobs, of which 50 per cent are for local projects, while the remaining are in Australia and Brazil.
"Right now, we have about US$1.5 billion worth of businesses in Brazil, which is the base for us to enter West Africa. We are putting bids for the second round in Brazil," he told reporters after the launch of the company's prospectus and new corporate logo here.
Shahril said the bidding success rate was about 30 to 40 per cent. To maintain its operational sustainability, he said, the group needs to maintain an order book of about RM8 billion to RM12 billion a year.
Presently, the company's order book stands at about RM13.5 billion, which translated into backlog jobs that can make them busy for three-and-a-half years. .....
Read more: SapuraKencana to bid for RM12b jobs by 2013 http://www.btimes.com.my/articles/20120516153617/Article/#ixzz1v5ZTcdWO
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
No comments:
Post a Comment