PETALING JAYA: Loss-making Sapura Energy Bhd
has appointed restructuring specialist Cosimo Borrelli as its director effective last Friday, just two weeks after it announced its massive debt-restructuring exercise.
Market observers said that aside from its debt restructuring, the oil and gas (O&G) firm is also working on ways to restructure its operations that have been struggling with high operational costs and low-margin contracts.
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