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Oil & gas projects set to flow through this company’s pipelines again

Dannon Har Published on Mon, Mar 13, 2017 / 1:01 PM GMT+8

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SINGAPORE (March 13): CIMB is maintaining its “add” call for CSE Global on the back of new contract wins.

Last week, CSE announced it won two new deepwater offshore contracts valued at around $42 million for integrated control systems to be deployed in the Gulf of Mexico.

In a Sunday flash note, CIMB says the wins signify “the return of major oil & gas contracts, post-contract drought in 2016”.

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Oil & gas projects set to flow through this company’s pipelines again