Tag Archive: exploration

SapuraKencana wins bid for three PETRONAS oil blocks

November 20, 2014 8:04 am Published by

SapuraKencana Petroleum Bhd has won the bid to acquire the entire interest of Petroliam Nasional Bhd (PETRONAS) in three oil blocks offshore South Vietnam for a total purchase price of US$400mil (RM1.35bil). The closing of the transaction though is still subject to the approval of the relevant government authorities.

SapuraKencana discovers 4 gas wells

June 10, 2014 8:57 am Published by

SapuraKencana Petroleum Bhd said it made 4 discoveries of natural gas in the SK408 production sharing contrack (PSC) area, offshore Sarawak recently. The discoveries were made by its wholly owned unit, SapuraKencana Energy Sarawak Inc (SKE) which is alos the operator of the block.