SapuraKencana clinches Petronas contracts
Date: 16.12.2013.

SapuraKencana Petroleum Bhd said the contracts are for the integrated transportation and installation of offshore oil and gas (O&G) facilities from 2014 to 2016 with an optional extension of one year.

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SapuraKencana subsidiary forms Austrian JV with Seadrill
Date: 19.11.2013.

A subsidiary of SapuraKencana Petroleum Bhd, TL Offshore and Seabras Serviços De Petróleo (SSP), a subsidiary of Seadrill have acquired 50% each equity stake in a new company in Austria known as Seabras Sapura Holding (SSH) by subscribing to 17,500 common shares of par value EUR1 each respectively.

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Exciting times for SapuraKencana
Date: 24.10.2013.

The news is a positive for SapuraKencana Petroleum Bhd as the offshore assets will yield long term steady recuring income for the group, especially considering the sizeeable 2P reserves of Newfield’s assets.

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KLCI to Record: Kuala Lumpur Mover
Date: 23.10.2013.

SapuraKencana Petroleum Bhd advanced to a four-month high after agreeing to buy Newfield Exploration Co.’s stakes in offshore Malaysian fields for $898 million, helping send the country’s benchmark index to a record.

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