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Will Sembcorp Marine bag its first major contract for this year?

Samantha Chiew
Samantha Chiew3/6/2018 12:27 PM GMT+08  • 2 min read
Will Sembcorp Marine bag its first major contract for this year?
SINGAPORE (Mar 6): DBS is reiterating its “buy” recommendation on Sembcorp Marine (SMM) with an unchanged target price of $2.90.
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SINGAPORE (Mar 6): DBS is reiterating its “buy” recommendation on Sembcorp Marine (SMM) with an unchanged target price of $2.90.

This came on the back of Upstream reporting yesterday that Energean Oil & Gas has handed out a US$1.36 billion ($1.79 billion) contract to TechnipFMC for the floating production, storage and offloading (FPSO) unit for its proposed Karish gas field development off Israel.


See: As oil recovers, new contracts trickle in for SembMarine and Keppel

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