SapuraKencana Energy, a wholly-owned subsidiary of SapuraKencana Petroleum Berhad announced another gas discovery from Bakong-1, the fifth and final well in its 2014 drilling campaign within the SK408 Production Sharing Contract area, offshore Malaysia.

Global upstream oil and gas services provider SapuraKencana Petroleum Berhad, has clocked a key milestone in its international operations by starting ahead of schedule its first pipe-laying support vessel work for state-run PETROBRAS in the pre-salt waters off Brazil.

Leading global oil and gas services and solutions provider, SapuraKencana Petroleum Berhad, has been awarded two new Engineering, Procurement, Construction, Installation and Commissioning contracts totalling approximately US$415 million (RM1.3 billion) in areas offshore Malaysia and Thailand by Carigali-PTTEPI Operating Company Sdn Bhd and Hess Exploration and Production Malaysia B.V.

Global integrated oil and gas services and solutions provider, SapuraKencana Petroleum Berhad’s wholly-owned drilling subsidiaries won three new contracts and a contract extension for offshore work in Malaysia and Thailand worth a total of approximately US$700 million (RM2.3 billion), signalling further robust growth in new business and revenues for the Group

SapuraKencana Energy today announced four significant gas discoveries in the SK408 Production Sharing Contract (PSC) area, offshore Sarawak, Malaysia. All four wells have discovered non-associated natural gas within the primary target Late Miocene Carbonate reservoirs.

SapuraKencana Petroleum Berhad has been voted Asia’s Overall Best Managed Company in Natural Resources for 2014 in a poll conducted by the international financial publication, FinanceAsia.

Global integrated oil and gas services and solutions provider, SapuraKencana Petroleum Berhad, has won a total of 5 new contracts worth RM1 billion (US$312 million) in the Ivory Coast, Russia, India, Brunei and Malaysia.

SapuraKencana Petroleum Berhad’s Drilling Division, SapuraKencana Drilling, has won a new contract and three contract extensions worth a total of US$454 million from new and existing blue chip clients in West Africa (Congo and Angola), Brunei and Thailand.

SapuraKencana Petroleum Berhad has successfully concluded and signed a RM16.5 billion (US$5 billion) refinancing club deal with 13 local, regional and international banks.

SapuraKencana Petroleum Berhad’s second pipe laying support vessel, the SAPURA TOPÁZIO, built specifically for service with Petrobras in Brazil, has been launched in the Netherlands.