Malaysian Firm Bags PTTEPI Myanmar Contract

Malaysia’s Scomi Energy Services Bhd has secured a $27.63-million, three-year contract from PTTEP International Ltd (PTTEPI) Myanmar, according to Malaysian media reports. Scomi Energy said in a Malaysian stock exchange filing that the contract was to provide drilling fluids together with solids control products, equipment and engineering solutions contract. It covered Phases 1B and 1C […]

Scomi Energy still a ‘buy’

SCOMI ENERGY SERVICES BHD By Hong Leong Investment Bank Research Buy (maintained) Target price: RM1.02 SCOMI Energy Services Bhd has been awarded two contracts in Myanmar worth a combined RM90mil by Petronas. The contracts are from Petronas Carigali Myanmar Inc (PCMI) and Petronas Carigali Hong Kong Ltd (PCML) for the provision of drilling fluids, solid […]