Wow . Mati -lah how to service 18 billion { short and long term borrowings } sell assets also insufficient to service the loans. Need to keep on roll over the principal amount whenever principal is due
Don’t worry... Our PM just announced tommorrow started the 1st phase to open let who already have 2 dos vaccination can travel state... Now vaccination rate 1st dos already around 50% and 2 dos already around 30%
Pandemic is going to over very soon, more cars will be on the road and more companies & factories will started to open their business and economy will start booming, oil price then will spike up and then sapnrg’s share price definitely sure will spike up to above RM1.00 immediately !
Chong Jin Hun/the edge markets.com August 10, 2021 20:17 pm +08
KUALA LUMPUR (Aug 10): Sapura Energy Bhd’s subsidiary Sapura Drilling is said to have awarded an offshore oil and gas (O&G) well construction contract to US-listed Halliburton Company under a deal that involves the planned building of six O&G wells in collaboration with Sapura Drilling and Petronas Carigali Sdn Bhd. Halliburton claimed in a statement on its website today that Sapura Drilling, with Halliburton as its technical partner, will execute an integrated rig drilling completion contract for the six-well offshore well construction programme. "The uniquely integrated nature of the contract opens the pathway for Halliburton, in collaboration with Sapura Drilling and Petronas Carigali, to synergistically deploy its state-of-the-art Halliburton 4.0 digital platform to its fullest potential to achieve a step-change improvement in operational efficiency. "Digital technologies will include the complete suite of the Digital Well Programme, Digital Well Operations and Digital Well Automation, all DecisionSpace® 365 cloud applications. Consistent with Halliburton 4.0, the scope of work also includes key digital technologies from Sperry Drilling, Cementing, Drill Bits, Baroid, and Completions product lines. "The campaign is the first integrated project of its kind in a country that combines rig services with all aspects of planning, operations and automation,” Halliburton claimed. Petronas Carigali is the upstream arm of Malaysia national oil company Petroliam Nasional Bhd (Petronas). At the time of writing today, Sapura Energy and Petronas had not issued statements in response to Halliburton’s statement. On Bursa Malaysia yesterday (Aug 9), Sapura Energy’s share price closed unchanged at 11.5 sen for a market value of about RM1.84 billion based on the company’s 15.98 billion issued shares.
Halliburton 4.0 introduces an advanced, cross-functional way of operating across software, hardware, AI, machine learning, and downhole sensors for a new era of radical visibility, collaboration, and productivity. It turns data into fuel to create opportunities that did not exist before.
Don't remember sapura got AI, ML department capable to build this kind of software....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
strattegist
23,459 posts
Posted by strattegist > 2021-08-03 17:04 |
Post removed.Why?