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KUALA LUMPUR: A unit of SapuraKencana Petroleum Bhd has signed the SK310 upstream gas sales agreement in relation to the production of gas from the B15 Gas Field.
PETALING JAYA: Khazanah Nasional Bhd disposed of a block of IHH Healthcare Bhd shares valued at RM828.7mil in off-market trades in a move to add liquidity to the stock, sources said.
KUALA LUMPUR: SapuraKencana Petroleum Bhd's unit has found gas at two of the three wells within the Block SK408 production sharing contract (PSC) area, offshore Malaysia.
KUALA LUMPUR: SapuraKencana Petroleum Bhd, which took a RM2bil hit on its assets last year to account for the sharp drop in oil prices, expects the operating environment in 2016 to remain difficult due to the wild swings in the crude oil market.
PETALING JAYA: Oil and gas company, SapuraKencana Petroleum Bhd (SapKen) recorded a net loss of RM1.28bil for the fourth quarter ended Jan 31 as compared to a net profit of RM129.1mil a year ago mainly due to provisions on impairment of its assets in the environment of the weak oil price.