Anuar tasked with Sapura Energy turnaround
New chief executive has plan to lift Malaysia's leading services company out of debt
Source: upstreamonline.com
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E&C segment makes up 95% of Sapura Energy total bid book
KUALA LUMPUR: The engineering and construction (E&C) segment makes up 95 per cent of Sapura Energy Bhd’s RM22 billion total bid book while drilling contributes three per cent and operations and maintenance two per cent.
Source: thestar.com.my
Sapura Energy narrows losses, but liquidity concerns remain
Troubled Malaysian company's third quarter loss of $158.2 million was a marked improvement on the previous quarter
Source: upstreamonline.com
Financial troubles highlighted at Sapura Energy
Impacts are being felt from Covid-19, problematic projects and financial debt
Source: upstreamonline.com
Sapura Energy chasing work worth $30 billion
28 April 2021 2:26 GMT Updated 28 April 2021 6:34 GMT in Singapore Malaysian contractor and upstream player Sapura Energy is bidding for and has its sights on new work totalling 123 billion ringgit (US$30.02 billion), of which 6% represents opportunities in the offshore wind sector. Sapura’s current order book is valued at 13.7 billion ringgit, which includes 2020 wins such as three wellhead platforms for Saudi Aramco’s Zuluf, Ribyan and Abu Safah oilfields, and pipeline construction work at the Al-Khalij field in Qatar. ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE Gain valuab...
Source: upstreamonline.com