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KUALA LUMPUR: Shares in Sapura Energy Bhd slumped to a near all-time low, as investors fled on news that the oil and gas contractor is planning to launch a massive RM4bil cash call.
KUALA LUMPUR: Sapura Energy Bhd chief executive officer (CEO) Tan Sri Shahril Shamsuddin survived a bid to oust him as director and CEO amid unhappiness over his total pay package of RM71.92mil in financial year 2018 ended Jan 31 (FY18).
PETALING JAYA: Brazilian state-controlled oil company Petrobras has named Sapura Energy Bhd as the best pipe layer operator in Brazil’s ultra-deepwaters.
KUALA LUMPUR: Sapura Energy Bhd clinched two awards at Brazilian state-controlled oil company Petrأ³leo Brasileiro SA's Best Suppliers Recognition Award 2017 held in Rio de Janeiro recently.
KUALA LUMPUR: Amidst the ongoing upturn in the oil and gas (O&G) industry, Sapura Energy Bhd is evaluating plans to maximise value for shareholders including a potential listing of its exploration and production (E&P) business and undertaking a capital raising exercise.