Sapura Energy Berhad (Sapura Energy) and its consortium partner have been awarded a contract valued at approximately RM3 billion by Oil and Natural Gas Corporation (ONGC) in India.
The consortium partners comprising Sapura Fabrication Sdn Bhd (Sapura Fabrication), a wholly-owned subsidiary […]
Sapura Energy’s concerted efforts to reduce its debts and borrowings have been well received by analysts and should provide a platform for the company to improve its long term financial health.
Last August, Sapura Energy announced a recapitalisation exercise to […]
Sapura Energy Bhd has further cemented its track record as a prominent global player by nabbing new contracts in Mexico this month, approximately eight months after being awarded Block 30 in the Gulf of Mexico.
The company announced recently that it […]
Austria’s OMV has sealed its $1.6 billion partnership with the exploration and production arm of Malaysia’s Sapura Energy.
Sapura confirmed the two companies had signed a share subscription agreement, along with a shareholders’ agreement to form a strategic partnership.
The agreements will see OMV subsidiary OMV Aktiengesellschaft hold a 50% share in […]
As part of what looks like a broader strategy to reduce debt and focus on areas of the business that will give the best returns for shareholders, Sapura Energy signed a strategic partnership with OMV Aktiengesellschaft (OMV) last Friday. The […]