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Sapura Energy hit by impairments

PETALING JAYA: Sapura Energy Bhd’s net loss for the fourth quarter ended Jan 31, 2018 ballooned to RM2.29bil compared with RM172.32mil in the previous corresponding quarter, due to impairments and lower revenue from the engineering, construction and drilling business segments.

Sapura gets Mubadala job

PETALING JAYA: Sapura Energy Bhd has won a job, with an estimated value of RM2bil, from Mubadala Petroleum.

Sarawak spells out rules on O&G ops and activities

State to assume full regulatory authority by July

Veteran commander vies for power in Libya's shifting sands

TUNIS (Reuters) - When Khalifa Haftar flew to Tunis in September, the veteran commander and possible future leader of Libya brought masked troops armed with automatic rifles and grenade launchers in a show of force that drew censure from U.N. experts.

Sapura Energy shares down despite new contract win

KUALA LUMPUR: Sapura Energy Bhd’s shares fell 1.4% this morning despite securing a RM905mil contract.

Sapura units win oil and gas contracts worth RM905mil

PETALING JAYA: Sapura Energy Bhd says its direct and indirect wholly owned units have secured five new oil and gas contracts with a combined value of RM905mil.

Sapura Energy gets contracts totalling RM905m

KUALA LUMPUR: Sapura Energy Bhd group has secured contracts totalling RM905mil from Petronas Carigali, Hess Exploration And Production Malaysia B.V., Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) and Mumbai Port Trust.

Libyan forces clash with Islamic State near Dhara oilfield - officials

BENGHAZI, Libya (Reuters) - Libyan forces fought suspected Islamic State fighters, killing three of them near an oilfield run by Waha Oil in the southeast of the country, military officials said on Saturday.

UOB Kay Hian retains ‘buy’ call on Yinson

PETALING JAYA: The near-term prospects look bright for Yinson Holdings Bhd, given the company’s steady earnings momentum and positive event catalysts on the horizon.

Volunteers also gave up life for the country

A letter from ELIZABETH MOGGIE, Kuala Lumpur.