Sapura Energy Berhad today announced the appointment of Dato’ Mohammad Azlan Abdullah as its new chairman, effective 7 May 2022. Dato’ Mohammad Azlan succeeds Tan Sri Shamsul Azhar Abbas, who is retiring on the same day, upon reaching the age of 70. Dato' Mohammad Azlan, aged 54, was first appointed to the Sapura Energy Board on 1 October 2019 as Non-Independent Non-Executive Director.

Sapura Energy Berhad today announced its unaudited preliminary full year results for the financial year ended 31 January 2022 (FY2022), posting a loss after taxation and minority interests (LATAMI) of RM8.9 billion. The Group recorded an operating loss of RM2.2 billion on the back of RM4.1 billion revenue.

Sapura Energy Berhad today announced that the High Court of Malaya at Kuala Lumpur has granted the Company and 22 of its wholly-owned Subsidiaries (collectively, the "Applicants") Orders under Sections 366 and 368 of the Companies Act 2016. The Orders were obtained today.

Sapura Energy Berhad today announced that it has issued a termination notice to Yunneng Wind Power Co., Ltd. in respect of a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan.

Sapura Energy Berhad announced financial results for the third quarter of financial year 2022 (Q3 FY2022), posting a Group revenue of RM1.46 billion, slightly higher than the RM1.33 billion recorded in the corresponding quarter of financial year 2021 (Q3 FY2021).

In relation to the recent news reports regarding Sapura Energy. We would like to reiterate that Sapura Energy is still a going concern. Our business segments continue to execute 59 projects globally with all our operating licenses with clients remaining intact.

Sapura Energy Berhad announced financial results for the second quarter of financial year 2022, posting Group revenue of RM747 million and Loss-AfterTaxation and Minority Interests of RM1.52 billion.

Sapura Energy Berhad announced that Reza Abdul Rahim will step down from his position as Group Chief Financial Officer effective 1st October 2021, after more than five years in the role.

Sapura Energy Berhad today announced that it has secured major contract wins and extensions in Malaysia and Thailand for its Engineering & Construction (E&C), Operations & Maintenance (O&M) and Drilling segments, with a combined value of approximately RM1.2 billion. The Group continues to sustain its momentum of contract wins in the second quarter of Financial Year 2022 (FY 2022).

Sapura Energy Berhad sustained upward momentum at the start of financial year 2022, posting earnings before interest, taxation, depreciation and amortisation (“EBITDA”) of RM157 million for the first quarter ended 30 April 2021 (“Q1 FY2022”), on the back of RM1.47 billion in revenue. This is a three-fold increase compared to the RM50 million EBITDA posted in the fourth quarter of financial year 2021 (“Q4 FY2021”), which was achieved against revenue of RM1.44 billion.