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Markets 10 Nov 2018 | 12:00 AM Premium

Sapura Energy seals OMV deal

WHEN Sapura Energy Bhd embarked on a restructuring exercise this year, it was the group’s main objective to pare its high debts.

Corporate News 03 Sep 2018 | 12:00 AM

PNB on its Sapura investment

PETALING JAYA: Permodalan Nasional Bhd (PNB), which has come under scrutiny for supporting a RM4bil cash call by Sapura Energy Bhd, said that it was putting more money into the oil and gas company based on the merits of investments.

Business 04 Jul 2018 | 12:00 AM

Sapura Energy gets cool reception

PETALING JAYA: Speculation about Sapura Energy Bhd’s plan to raise up to US$750mil (RM3.03bil) through an initial public offer exercise has failed to create excitement over its shares.

Corporate News 09 Dec 2017 | 12:00 AM

Blip for Sapura Energy

VOLATILE is one word to describe just what Sapura Energy Bhd’s share price and opinion on the stock have been since it released a big quarterly loss the market was not expecting.

Business 13 Nov 2018 | 12:00 AM

Stake sale ‘huge positive’ for Sapura Energy

PETALING JAYA: Sapura Energy Bhd’s move to sell a 50% stake in its oil and gas (O&G) exploration and production (E&P) arm to an Austrian giant has been well-received by analysts.

Business 04 Apr 2017 | 12:00 AM

Sapura Energy springs a surprise

PETALING JAYA: Sapura Energy Bhd’s earnings turnaround for the full year of financial year 2017 (FY17) has caught several research houses by surprise.

Corporate News 30 Nov 2018 | 12:00 AM

Sapura to sell stake in drilling division

SERI KEMBANGAN: Fresh from selling a stake in its exploration and production (E&P) arm, Sapura Energy Bhd is in talks with several parties to sell a stake in its drilling division.

Corporate News 29 Nov 2018 | 12:00 AM

Sapura Energy units join Saudi Aramco’s LTA programme

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.

Analyst Reports 15 Mar 2019 | 3:32 AM

AmInvest Research upgrades Sapura Energy to Buy, ups target price to 50c

KUALA LUMPUR: AmInvestment Research upgraded its call on Sapura Energy (Sapura) to Buy from Hold with a higher fair value of 50 sen a share from an earlier 30 sen.

Corporate News 10 Dec 2018 | 12:00 AM

Mixed view on earnings outlook of Sapura Energy

PETALING JAYA: Analysts are divided over Sapura Energy Bhd’s earnings outlook.