Sapken cautious, many fighting for shrinking O&G pie


The shareholders

SERI KEMBANGAN: It’s difficult to catch Tan Sri Shahril Shamsuddin who runs a RM14bil integrated oil and gas (O&G) company that has operations in all the continents except Antarctica.

But the shareholders’ meeting this year is crucial for the president and group CEO and his company, SapuraKencana Petroleum Bhd (SapKen), because of the headwinds that the industry is facing as a result of the sharp drop in crude oil prices.

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