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Broker's Calls
O&M sector could take beyond two years to recover: UOBKH
The offshore and marine (O&M) sector, which has experienced a prolonged downturn since the 2014 crash in crude oil prices, is unlikely to see a recovery any time soon.
June 29, 2020
Company in the news
Singapore's Puma Energy to sell fuels business to Chevron Australia for A$425 million
SINGAPORE (Dec 19): Singapore’s Puma Energy, the retail and midstream arm of global commodities trader Trafigura, said on Thursday it would sell its Australian commercial and retail fuels business to Chevron Australia for A$425 million ($396 million).
December 19, 2019
Broker's Calls
Why SembMarine is a likely winner of Rosebank's billion-dollar project
SINGAPORE (Aug 30): CGS-CIMB Research is maintaining “overweight” on the offshore & marine (O&M) industry while highlighting Sembcorp Marine (SMM) as its top “add” pick in Singapore with a target price of $2.52, based on 2.2 times CY18F price-to-b
August 30, 2018