SapKen sees gas output in 2017

From left: Shahril, SapuraKencana chairman Datuk Hamzah Bakar and executive director Ramlan A. Malek at the briefing.

SERI KEMBANGAN: SapuraKencana Petroleum Bhd expects to see the first production of gas from the assets it acquired from Newfield Malaysia in the first quarter of 2017, said president and group chief executive officer Tan Sri Shahril Shamsuddin.

Last October, SapuraKencana paid RM2.85bil for the Malaysian oil and gas fields that Newfield sold via a bidding process. These assets are now called SapuraKencana Energy Malaysia Inc (SKEM).