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KUALA LUMPUR: Sapura Energy Bhd's net losses narrowed to RM31.09mil in the third quarter ended Oct 31, 2018 and its outlook improved considerably with new contract wins year-to-date of RM8.5bil and its orderbook growing to RM18.6bil.
SERI KEMBANGAN: Sapura Energy Bhd is eyeing to sell some of its stake in its drilling business.
PETALING JAYA: Sapura Energy Bhd’s wholly owned subsidiaries, Sapura Fabrication Sdn Bhd and Sapura Saudi Arabia, have been selected to join Saudi Aramco’s long-term agreement (LTA) programme that covers engineering, procurement, fabrication, transportation and installation (EPCI) contracts to support Saudi Aramco’s offshore projects.
KUALA LUMPUR: Saudi Aramco has picked Sapura Energy Bhd's two units for the oil major's long-term agreement (LTA) programme after their successful qualification as a contractor.
SAPURA ENERGY BHD: PERMODALAN Nasional Bhd (PNB) is set to become Sapura’s largest shareholder with an equity stake of up to 40% (from 12% currently) following the completion of the group’s proposed renounceable rights issue of up to RM4bil