EARLIER this week SapuraKencana Petroleum Bhd became an integrated oil and gas player when it won the bid to buy United States-based Newfield Exploration Co’s oil and gas assets in Malaysia for a hefty RM2.85bil.
With SapuraKencana clinching this deal, it officially stands among the few players that are both field owner and one who offers support services. So far, only Petrofac and The Maersk Group fall into this category.
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