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Stake sale of upstream asset likely positive for Sapura Energy
Date: 19.09.2018.

Sapura Energy Bhd has entered into a heads of agreement (HoA) with OMV Aktiengesellschaft (OMV AG) for the proposed sale of a 50% stake in its wholly-owned subsidiary, Sapura Upstream Sdn Bhd. The parties have agreed to continue ongoing negotiations on an exclusive basis.

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Sapura Energy bags several contracts worth RM905m
Date: 6.02.2018.

Sapura Energy Bhd, formerly known as SapuraKencana Petroleum Bhd, have been awarded contracts with a combined value of about RM905 million for engineering, procurement, construction and commissioning as well as transportation and installation works.

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