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Business 31 Dec 2005 | 12:00 AM

More investments to boost capacity in 2006

Maxis Communications Bhd plans to invest RM1.3bil next year in products and services that will give its subscribers more reasons to stay with its services as well as to defend and gain market share.

Business 31 Aug 2005 | 12:00 AM

SapuraCrest, Stolt eye US$300mil jobs in Asia Pacific

SapuraCrest Petroleum Bhd has embarked on a joint venture with international offshore deepwater contractor, Stolt Offshore, which hopes to secure between US$200mil and US$300mil worth of contracts in the Asia-Pacific region.

Business 27 Jul 2005 | 12:00 AM

SapuraCrest gears up for deepwater ops

SapuraCrest Petroleum Bhd is preparing to expand its capabilities to include deepwater development and exploration, having recently acquired assets to facilitate this business venture.

Business 24 Jun 2005 | 12:00 AM

SapuraCrest expects 'another great year'

SapuraCrest Petroleum executive vice-chairman Datuk Shahril Shamsuddin is looking forward to another great year following a set of strong results in the last financial year. The group has made investments in the infrastructure required for deepwater work and hopes to benefit from increased activities in this area.

Business 16 Jun 2005 | 12:00 AM

SapuraCrest: Earnings abroad to rise 30%

SAPURACREST Petroleum Bhd, one of the region's leading oil and gas providers, expects deepwater services to boost its overseas earnings contribution from 10% to 30% within the next three years.

Business 26 Feb 2005 | 12:00 AM

SapuraCrest’s - next frontier

SAPURA Group's venture into the oil and gas sector, some in the industry say, is Datuk Shahril Shamsuddin's baptism of fire. It marks the first venture that Shahril has propelled the Sapura Group into ( via the acquisition of Crest Petroleum Bhd), without quite the assistance of his father, Tan Sri Shamsuddin Kadir, who is founder and chairman of the group. SAPURA Group's venture into the oil and gas sector, some in the industry say, is Datuk Shahril Shamsuddin's baptism of fire. It marks the first venture that Shahril has propelled the Sapura Group into ( via the acquisition of Crest Petroleum Bhd), without quite the assistance of his father, Tan Sri Shamsuddin Kadir, who is founder and chairman of the group. p>a href=http://biz.thestar.com.my/bizweek/ target=on_top>For the full BizWeek reports click here/a>p>

Business 18 Dec 2004 | 12:00 AM

Good times in store for oil and gas industry

Prospects for the oil and gas sector are bright. Petra Perdana Bhd executive chairman and CEO Tengku Datuk Ibrahim Petra sees bright prospects against significant oil finds. For Petra, the growth sectors would be brown field redevelopment, marine and exploration and production services. SapuraCrest Petroleum Bhd will continue to be busy in 2005. Executive vice-chairman Datuk Shahril Shamsuddin sees the global demand for energy rising rapidly and expects the company's clients' activity levels to follow in tandem. For Tengku Daud Shaifuddin, executive director of Perisai Petroleum Teknologi Bhd, industry prospects were boosted by the recent rises in crude oil prices. Additional investment in the sector augur well for Perisai which has been charting tremendous growth over the past five years.

Business 08 Dec 2004 | 12:00 AM

SapuraCrest gets RM140mil Brunei Shell job

SapuraCrest Petroleum Bhd has won its first overseas offshore project, a US$37.8mil (RM143.8mil) contract from Brunei Shell Petroleum Company Sdn Bhd for procurement and installation works at one of Brunei's largest offshore oilfields, Champion.

Nation 11 Sep 2004 | 12:00 AM

Wife of Sapura chairman dies

Puan Sri Siti Sapura Husin, whose name is embodied in the local telecommunication company Sapura, died in a Singapore hospital early yesterday.

Business 28 Jul 2004 | 12:00 AM

Crest projects double-digit growth as oil industry booms

CREST Petroleum Bhd is targeting double-digit growth in revenue for the financial year ending Jan 31, 2005, amid higher demand for products and services brought upon by the oil industry boom.