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Business 11 Nov 2017 | 12:00 AM

Interest in Sapura Energy due to optimism on ringgit and crude oil

DESPITE a view that many Malaysian oil and gas (O&G) companies are not out of the woods yet following the 2014 collapse in oil prices, investor interest in some companies remains strong.

Corporate News 10 Nov 2017 | 12:00 AM

Mokhzani no longer Sapura Energy substantial shareholder

PETALING JAYA: Tan Sri Mokhzani Mahathir has ceased to become substantial shareholder of Sapura Energy Bhd after selling almost 385 million shares in the company on Nov 7, a filing with Bursa Malaysia showed.

Corporate News 03 Nov 2017 | 12:00 AM

Mokhzani exiting O&G

PETALING JAYA: Tan Sri Mokhzani Mahathir, who spotted the trend of investing in the oil and gas (O&G) industry some 15 years ago, is completely exiting the sector as sentiment in crude oil prices picks up. In the latest development, he is looking to sell his entire 10.1% stake or 605 million shares in Sapura Energy Bhd via a private placement.

Business 03 Mar 2017 | 12:00 AM

SapKen wins RM433mil jobs

PETALING JAYA: SapuraKencana Petroleum Bhd’s (SapKen) two wholly owned subsidiaries have won engineering and construction contracts with a combined value of approximately US$97.4mil (RM433.6mil).

Business 23 Feb 2017 | 12:14 AM

Breakfast briefing: Thursday, February 23

Breakfast briefing: Thursday, February 23

Business 23 Feb 2017 | 12:00 AM

SapKen unit signs RM6.7bil financing facilities

PETALING JAYA: SapuraKencana Petroleum Bhd’s (SapKen) unit, SapuraKencana TMC Sdn Bhd, has successfully completed the signing of a seven-year multi-currency financing facility of approximately US$1.5bil (RM6.68bil) equivalent with a consortium of Malaysian, regional and international banks.

Business 04 Feb 2017 | 12:00 AM

Top 40 richest in Malaysia: 36-40

36 - 40

Business 12 Jan 2017 | 12:00 AM

SapKen, Proserv in technology service pact

PETALING JAYA: SapuraKencana Petroleum Bhd (SapKen) and United Kingdom-based service provider Proserv are joining forces to provide enhanced technology service offerings to clients in the Asia-Pacific region.

Corporate News 10 Jan 2017 | 4:26 AM

Maybank IB: RM1.34bil job win to improve SapKen’s earnings

PETALING JAYA: SapuraKencana Petroleum Bhd’s (SapKen) securement of total contracts worth about RM1.34bil (US$300mil) is a re-rating catalyst that could unlock value and improve its earnings going forward.

Business 10 Jan 2017 | 12:28 AM

Breakfast briefing: Tuesday, January 10 (update)

Breakfast briefing: Tuesday, January 10