SapuraKencana Petroleum Berhad today announced the successful completion of the Share Purchase Agreement (“SPA”) for the acquisition of Newfield International Holdings Inc.’s entire equity interest in Newfield Malaysia Holding Inc.

SapuraKencana Petroleum Berhad's Dato’ Mokhzani and Mr. Yeow have decided to relinquish their management roles in the company but will continue to actively support and advise Tan Sri Dato’ Seri Shahril and the Board on the continued growth of the company.

SapuraKencana Petroleum Berhad and Seadrill Limited are pleased to announce that they have entered into a non-binding memorandum of understanding to combine and integrate both companies’ tender rig businesses.

SapuraKencana Petroleum Berhad today announced the signing of a share purchase agreement to acquire all of Newfield Exploration Company’s equity interests in Newfield Malaysia Holdings for a total cash consideration of US$ 898 million, which is expected to close in early 2014.

SapuraKencana Petroleum Berhad (SapuraKencana) is thankful to the Government of Venezuela for releasing today the 36-member crew of SapuraKencana’s research vessel Teknik Perdana, which was picked up and taken by Venezuela's Navy to Margarita Island for checks, while working in disputed waters on October 10 2013.

SapuraKencana Petroleum Berhad (SKPB), has won a major new award worth US$2.7 billion from Brazil¹s Petroleo Brasileiro (Petrobras) to build, charter and operate 3 additional deepwater flexible pipe laying support vessels (PLSVs) for a firm period of 8 years.

SapuraKencana Drilling (SKD), has taken delivery of its first state of the art tender-assist drilling barge since coming under the ownership of SapuraKencana Petroleum Bhd, the Malaysia-based global integrated oil and gas services and solutions provider.