Specifically, Brazil's Petrobras has two contracts up for bid: P84 and P85, with a contract value of some US$3 billion each.
CGS-CIMB's Lim Siew Khee has maintained her bullish "add" call and 19 cents target price for Seatrium ahead of its 1HFY2023 earnings report on July 28.
While Lim expects the company to still be in the red with an expected net loss of $45 million, she believes Seatrium is well poised to capture further major contracts.
