You are here

Sembmarine's US$696m deal seen as timely

Low oil prices and sluggish contract wins behind stock's recent retreat
Wednesday, October 15, 2014 - 05:50

Singapore

SEMBCORP Marine's announcement of a new contract secured this week could not have come at a better time as the rigbuilder's stock has been taking a beating due to low oil prices, doubts over the timely delivery of a drillship and sluggish contract wins.

Sembmarine

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom