Sapura Energy Berhad is pleased to announce the appointments of Datuk Iain Lo and Bernard di Tullio to its Board of Directors, effective 1 May, 2021.

Sapura Energy Berhad and its Group of Companies today announced its unaudited full year results for the financial year ended 31 January 2021 (FY2021), posting earnings before interest, tax, depreciation and amortisation (EBITDA) of RM809.3 million on the back of RM5.3 billion in revenue.

Sapura Energy Berhad today announced that its wholly owned subsidiary, Sapura TMC Sdn Bhd (“Sapura TMC”), had executed multi-currency financing facilities agreements (collectively, the “MCF 2021”) to refinance its existing borrowings.

Sapura Energy Berhad announced that its President and Group CEO Tan Sri Shahril Shamsuddin is retiring today, after leading the Group for more than 25 years. Tan Sri Shahril will be succeeded by Datuk Mohd Anuar Taib, who takes over the helm as Sapura Energy Group Chief Executive Officer beginning 23 March 2021.

Sapura Energy Berhad today announced that it has signed an Islamic Facilities Agreement of up to RM700 million with Maybank Islamic Berhad (“Maybank Islamic”). The financing tenure of this facility is up to five years.

Sapura Energy Berhad today announced recent contract wins in its Engineering and Construction (E&C) and Drilling divisions, with a combined value of approximately RM1.85 billion.

Sapura Energy Berhad wishes to clarify that its joint venture with Seadrill, namely Sapura Navegacao Maritima SA, is not impacted by the recent Chapter 11 cases filed by several Seadrill subsidiaries operating in Asia.

Sapura Energy Berhad proved its capability to navigate forward in a challenging environment, announcing its third profitable quarter in financial year 2021.

Sapura Energy Berhad, a leading global integrated oil and gas services and solutions provider, has announced a major contract win in the Middle East.

Sapura Energy categorically states its zero-tolerance policy towards bribery and corruption. Sapura Energy reiterates that at all times, it conducts its business in accordance with the law and best corporate governance, in line with our corporate values of professionalism, honesty and trust.