Sembcorp Marine is said to be in final talks with Poly-GCL for the supply of a newbuild floating liquefied natural gas (FLNG) plant.
In a morning note, UOB Kay Hian analyst Foo Zhi Wen says a contract win could provide SembMarine's orderbook a much needed boost, which stands at $5.2 billion as of 9M16, excluding the Sete Brasil contracts.
SembMarine is a front-runner, thanks to its Gravifloat technology.
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