Sapura to sell stake in drilling division


Smooth meeting: Shahril (left) and chairman Datuk Hamzah Bakar at the press conference after the group

SERI KEMBANGAN: Fresh from selling a stake in its exploration and production (E&P) arm, Sapura Energy Bhd is in talks with several parties to sell a stake in its drilling division.

“But the price must be right and it would need to open up to new markets and increase our competitiveness,” said president and group chief executive officer Tan Sri Shahril Shamsuddin.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

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Annual Plan

RM12.33/month

Billed as RM148.00/year

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Business , Sapura , oil , Shahril , Hamzah , drilling , stake , sell ,

   

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