SapKen poised to win RM1.5bil global jobs (Updated)


The Mumbai High South (MHS) project is speculated to require a new 12-slot well-head platform and two nine-slot platforms with clamped-on structures to be installed. The job also entails the laying of a total of 115.9km of subsea pipelines in 15 segments.

PETALING JAYA: SapuraKencana Petroleum Bhd (SapKen) is poised to land two international jobs in India and Mexico respectively totalling about RM1.5bil, according to a source close to the deals.

This development comes when the crude oil price has crossed US$60 per barrel two days ago, the first time in nearly five months.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Sapura Kencana , oil , gas , mexico , klci , klse , shares , stocks ,

   

Next In Business News

New warehouses poised to propel Tasco
Epicon exits PN17 category
Lotte Chemical remains cautious going forward
Agricore inks underwriting deal with M&A Securities
Westports registers 11% jump in 1Q earnings
UOA-REIT expects challenges
Bursa on track to hit pre-tax profit target for FY24
Taiwan halts factory slump in sign of rebound
Kawan Renergy poised to do well in renewables
Strong loan growth to buoy banking sector

Others Also Read