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RHB says oil and gas sector to recover

RHB says oil and gas sector to recover

KUALA LUMPUR (April 18): The oil and gas (O&G) sector is likely to see a recovery on all fronts this year, having seen its earnings trough in 2017, said RHB Research Institute.  

In its strategy note focusing on Malaysia, the research firm said signs of recovery were seen in the sector, especially for upstream services players such Malaysia Marine and Heavy Engineering Holdings Bhd and Sapura Energy Bhd.

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