Latest News
SapuraKencana bags contracts worth RM1.58 billion
Date: 5.12.2014.

In a filing to Bursa Malaysia, SapuraKencana Petroleum Bhd said its fabrication, hook-up and commissioning division has received three contracts with a combined value of RM710 million, while its offshore construction and subsea services division has been awarded contracts worth a combined RM520 million. SapuraKencana Petroleum Bhd's units have bagged contracts with a combined value of RM1.58 billion.

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Asset acquisition boosts SapuraKencana status
Date: 22.11.2014.

SapuraKencana Petroleum’s US$400 million purchase of PETRONAS' assets displays its rising stature as an upstream (O&G) asset owner and operator, MIDF Research said. MIDF Research stated that the main reason for the acquisition was to rebalance their upstream portfolio.

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SapuraKencana wins bid for three PETRONAS oil blocks
Date: 20.11.2014.

SapuraKencana Petroleum Bhd has won the bid to acquire the entire interest of Petroliam Nasional Bhd (PETRONAS) in three oil blocks offshore South Vietnam for a total purchase price of US$400mil (RM1.35bil). The closing of the transaction though is still subject to the approval of the relevant government authorities.

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Solid and sound partnership
Date: 26.10.2014.

Datuk Kris Azman Abdullah, the senior vice-president, Energy & Joint Ventures, noted that the CIMB Classic has emerged as a key golfing event in the region for both players and spectators alike. SapuraKencana is a key sponsor of the CIMB Classic tournament and has been from the onset.

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SapuraKencana appointment's director
Date: 30.09.2014.

SapuraKencana Petroleum Bhd has appointed Eduardo Antonello as non-executive director replacing Tor Olav Troim as a nominee of Seadrill Ltd. Antonello is a member of the executive management team of Seadrill and has strong relationship with SapuraKencana. John Fredriksen would continue to be an alternate director of the company.

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SapuraKencana gets income boost from Newfield
Date: 8.09.2014.

SapuraKencana Petroleum Bhd's massive gas discovery at its Newfield asset is expected to provide a steady recurring income stream. The gas discovery is a massive achievement for the group. When the Newfield asset was purchased, sceptics had questioned its value growth as it had unproven exploration assets.

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CIMB Classic spot awaits SapuraKencana winner
Date: 28.08.2014.

About 100 local pros will battle it out for a coveted CIMB Classic berth in the SapuraKencana National Qualifier at the KLGCC from Aug 25-27. The US$7 million CIMB Classic from Oct 30 - Nov 2 is the only official US PGA Tour tournament in Asia.

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Danny wins SapuraKencana National Qualifier in style
Date: 27.08.2014.

Seasoned campaigner Danny Chia left it late before rallying to win the RM150,000 SapuraKencana National Qualifier in dramatic fashion. The one-time Asian Tour winner kept his cool to seal victory in the first playoff with a par while Kheng wai blew it with a bogey.

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