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Corporate News 21 Jun 2018 | 11:24 AM

Sapura Energy bags RM1.8b contracts for drilling, engineering services

KUALA LUMPUR: Sapura Energy Bhd has secured contracts, including extensions to provide drilling and engineering services to several companies in Malaysia, India, Mexico and Australia totalling RM1.8bil.

Business 30 Dec 2017 | 12:00 AM

Companies which drop out of ivy league

THERE are many reasons why a company loses its competitive edge.

Business 08 Dec 2017 | 12:00 AM

Sapura Energy plunges on Q3 loss

Group gets lower contributions from engineering, construction

Corporate News 07 Dec 2017 | 1:43 PM Premium

Shahril slips out of billionaire list as Sapura Energy slumps

KUALA LUMPUR: Tan Sri Shahril Shamsuddin, the president and group chief executive of Sapura Energy Bhd, has slipped out of the billionaire list after the company’s wider-than-expected losses in the third quarter sent the stock crashing below RM1 for the first time since the merger with Kencana Petroleum Bhd in 2012.

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 09 Nov 2017 | 2:07 PM

Mokhzani ceases to be Sapura Energy’s substantial shareholder

KUALA LUMPUR: Tan Sri Mokhzani Mahathir has disposed of a 6.4% stake in Sapura Energy Bhd on Tuesday, thus ceasing to be the company’s substantial shareholder, a filing with Bursa Malaysia on Thursday showed.

Corporate News 09 Nov 2017 | 3:30 AM

Sapura Energy sees 88.5m shares traded off market

KUALA LUMPUR: Oil and gas services company Sapura Energy Bhd saw 88.50 million of its shares traded off-market on Thursday.

Business 04 Nov 2017 | 12:00 AM

Sapura to be held mostly by institutions after Mokhzani’s exit

SINCE the oil price rout about three years ago, Sapura Energy Bhd has seen several developments, with the latest being the exit of its second-largest shareholder Tan Sri Mokhzani Mahathir, who controls a 10.1% stake or 605 million shares in the oil and gas (O&G) company.