Petronas could emerge with rival bids
SapuraKencana units reach deal with Petronas to end Berantai RSC: SapuraKencana Petroleum Bhd units and their partner have reached a mutual agreement with Petroliam Nasional Bhd (Petronas) to cease the Berantai Risk Service Contract (RSC). “With the cessation of the RSC, which will be effective on Sept 30, 2016, Petronas will reimburse all outstanding capital and operational expenditures to the contractors by June 2017,” SapKen said. — StarBiz
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