Sapura Energy Berhad (“Sapura Energy” or “the Group”) through its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc.; “Sapura E&P”) and its partners Sarawak Shell Berhad and PETRONAS Carigali Sdn Bhd announce its ninth gas discovery offshore Sarawak, following the completion of its 2017 drilling campaign within the SK408 Production Sharing Contract (“PSC”).

Sapura Energy Berhad (“the Group”) today announced that its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc.; “Sapura E&P”) and its partners, PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad, have taken Final Investment Decision (“FID”) to develop the Gorek, Larak and Bakong fields as phase 1 in the SK408 Production Sharing Contract.

Sapura Exploration & Production (Sapura E&P), a wholly-owned subsidiary of Sapura Energy Berhad (“the Group”, formerly known as SapuraKencana Petroleum Berhad), together with its joint venture partners DEA Deutsche Erdoel Mexico and Premier Oil have been awarded Block 30 in Sureste Basin, a proven and prolific hydrocarbon province in the Gulf of Mexico.

Sapura Energy Berhad (“the Company” or “the Group”), today announced its unaudited full year results for the financial year ended 31 January 2018, recording a revenue of RM5.9 billion, EBITDA contribution of RM1.4 billion and a loss-before-tax and impairments of RM191 million for the year.

Sapura Exploration and Production (NZ) Sdn. Bhd. (“Sapura E&P”), a wholly-owned subsidiary of Sapura Energy Berhad, has made inroads into New Zealand with a series of farm-in agreements to five offshore exploration permits within the Taranaki Basin, a prolific oil and gas region.

Sapura Exploration and Production (Sarawak) Inc. (“Sapura E&P”), a wholly-owned subsidiary of Sapura Energy Berhad (“SEB”), is pleased to announce that it has commenced production at the B15 field. The B15 gas field development is a maiden gas development project for Sapura E&P and the first gas milestone was achieved within 2 years of the sanction of its Field Development Plan (“FDP”).

Sapura Energy Berhad has won a contract from Mubadala Petroleum to undertake engineering, procurement, construction, installation and commissioning (EPCIC) works for the Pegaga gas development field in Block SK320, offshore Sarawak.

Sapura Energy Berhad is pleased to announce that its direct and indirect wholly-owned subsidiaries have been awarded contracts with a combined value of approximately RM905 million.

Sapura Energy Berhad (formerly known as SapuraKencana Petroleum Berhad), announced its third quarter results for the period ended 31 October 2017. The Group delivered revenues of RM1.3 billion.

Sapura Energy Berhad (“the Group”, formerly known as SapuraKencana Petroleum Berhad) is pleased to announce that its direct and indirect wholly-owned subsidiaries have been awarded contracts with a combined value of approximately RM1.47 billion.