You are here

HOCK LOCK SIEW

Overseas utilities a new growth engine for Sembcorp?

semb170516.jpg
Investor in Sembcorp Industries have suffered a nerve-wrecking roller-coaster ride in the past year as the global oil rout takes its toll on players in the offshore and marine (O&M) industry, with shares in the company whipsawing according to oil prices and news relating to an overseas customer, Brazilian oil rigbuilder Sete Brasil.

INVESTORS in Sembcorp Industries have suffered a nerve-wrecking roller-coaster ride in the past year as the global oil rout takes its toll on players in the offshore and marine (O&M) industry, with shares in the company whipsawing according to oil prices and news relating to an overseas