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KUALA LUMPUR: Sapura Energy Bhd and its two partners have signed a production sharing contract (PSC) with Mexico's Comision Nacional De Hidrocarburos (CNH) or the National Hydrocarbons Commission to work on Block 30 in the Gulf of Mexico.
KUALA LUMPUR: Sapura Exploration and Production (Sarawak) Inc (Sapura E&P) has made its ninth gas discovery offshore Sarawak following the completion of its 2017 drilling campaign within the SK408 production sharing contract (PSC).
PETALING JAYA: Sapura Energy Bhd unit Sapura Exploration and Production (Sarawak) Inc and its partners have taken a final investment decision to develop the first phase of the Gorek, Larak and Bakong fields in the SK408 production sharing contract.
KUALA LUMPUR: Sapura Energy Bhd and its partners, Petronas Carigali Sdn Bhd and Sarawak Shell Bhd, have taken the final investment decision (FID) to develop the gas fields off Sarawak.
KUALA LUMPUR: Sapura Energy Bhd and its two joint venture (JV) partners had been awarded Block 30 in Sureste Basin, a proven and prolific hydrocarbon province in the Gulf of Mexico.
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.
KUALA LUMPUR: Sapura Energy posted net losses of RM2.29bil in the fourth quarter ended Jan 31, 2018, as the company incurred impairment charges of RM2.1bil in its engineering and construction and drilling segments.