Categories for Uncategorized

Sapura Energy consortium clinches RM3b contract in India

December 7, 2018 1:52 am Published by

Sapura Energy Bhd and its consortium partner have clinched a RM3 billion contract from Oil and Natural Gas Corporation (ONGC) in India. The consortium partners comprising the group’s wholly-owned subsidiary of Sapura Energy, Sapura Fabrication Sdn Bhd (Sapura Fabrication) and Afcons Infrastructure Limited (Afcons), will be jointly undertaking engineering, procurement, construction, installation and commissioning (EPCIC) works for a central processing platform (CPP) and living quarters for KG-DWN 98/2 NELP block.

Sapura Energy shareholders approve RM4 bil cash call

November 30, 2018 1:20 am Published by

Sapura Energy Bhd has received shareholders’ approval for its proposed rights issue to raise RM4 billion to trim its debts. Shareholders voted overwhelmingly to subscribe to the group’s rights issue and support its growth plans at the extraordinary general meeting (EGM) today.

Sapura Energy wins RM1.75bil new jobs in Malaysia and Mexico

November 27, 2018 6:57 am Published by

Sapura Energy Bhd has secured new contracts worth RM1.75bil for jobs based in Malaysia and Mexico, lifting its order book to RM18bil. The new contracts also bring the integrated oil and gas services and solutions provider’s total contract wins for the current financial year-to-date to RM7bil.

Sapura Energy strikes a good cash deal

September 25, 2018 8:41 am Published by

The oil and gas services provider, in which Shahril has 16.8% equity interest, had just announced that Austrian oil and gas giant OMV Aktiengesellschaft was seeking to acquire a 50% stake in the group’s upstream assets housed under Sapura Upstream Sdn Bhd (previously known as Sapura Exploration and Production Sdn Bhd).