Latest News
SapuraKencana a 'buy' on order boost
Date: 18.06.2014.

SapuraKencana Petroleum Bhd's wholly-owned drilling subsidiaries had been awarded with three new contracts from Petronas Carigali and Chevron Thailand as well as a contract extension for BP Trinidad & Tobago worth US$700 million.

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SapuraKencana discovers 4 gas wells
Date: 10.06.2014.

SapuraKencana Petroleum Bhd said it made 4 discoveries of natural gas in the SK408 production sharing contrack (PSC) area, offshore Sarawak recently. The discoveries were made by its wholly owned unit, SapuraKencana Energy Sarawak Inc (SKE) which is alos the operator of the block.

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SapuraKencana still on syariah compliant list
Date: 2.06.2014.

Sapurakencana Petroleum Bhd remains on the Securities Commision Malaysia's (SC) list of syariah compliant as at May 30, 2014. There were earlier concerns that the stock may fall off the syariah list given that its non-syariah compliant borrowings had risen above the 33% threshold of its total assets.

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SapuraKencana's order book remains strong at US$8.6b
Date: 19.05.2014.

SapuraKencana Petroleum Bhd announced five new job wins across three divisions: (i) drilling, (ii) offshore construction and subsea services (OCSS) and (iii) fabrication, hook-up and commisioning (FAB & HUC). The five contracts are worth a total of US$312 milliion ( RM1 billion).

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SapuraKencana unit bags RM1bil contracts
Date: 15.05.2014.

SapuraKencana Petroleum Bhd has bagged a number of oil and gas jobs worth US$312mil (RM1.01bil) for work in Ivory Coast, Russia, India, Brunei and Malaysia, lifting its order book to a new high of RM27bil.

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Growing SapuraKencana
Date: 7.04.2014.

The bits of news nudged the company's market capitalisation up to RM28.5 billion last Thursday, making SapuraKencana the second largest integrated oil and gas service provider in the world in terms of market capitalisation incing ahead of France's Technip SA, but behind Italian Company Saipem SpA.

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