Sapura Energy Bhd returned to the black with a net profit of RM189.53 million for the financial year ended Jan 31, ...

Malaysia Prime Minister Anwar Ibrahim is taking the heat for rescuing debt-laden oil and gas services firm Sapura Energy.

SINGAPORE] In an industry where even giants have fallen from dizzying heights, Malaysia’s home-grown oil and gas titan is on the ropes. Read more at The Business Times.

Sapura Energy ran into financial trouble back in 2019, although it received a RM1.8 billion backing allegedly from a Middle-Eastern oil and gas company that same year.

Sapura Energy’s drilling arm, Sapura Drilling, has secured multiple contracts valued at approximately RM3.2bn ($722.5m) for tender assist drilling rig (TADR) services. The contracts have been ...

KUALA LUMPUR] Once a crown jewel of Malaysia’s oil and gas sector, Sapura Energy – born from a high-profile merger over a ...

Conditional deal with Malaysia Development Holding states funds intended to settle liabilities with local contractors.

Sapura Energy Bhd, which is in the spotlight following a proposed RM1.1bil cash injection from the government to repay unpaid ...

PETALING JAYA : The government’s RM1.1 billion cash injection into Sapura Energy Bhd comes with strict conditions that ...

The PM was previously strongly against bailing out Sapura Energy, once one of the world's top oil and gas firms. Read more at ...

Sapura Energy Berhad subsidiary Sapura Drilling said it has secured multiple contracts with a combined value of approximately $716.7 million (MYR 3.2 billion), including an optional period.