Sapura Energy Bags 10 Contracts Worth RM1.4b Across Asia Pacific, Atlantic Regions
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2023-06-09 01:38
Sapura Energy Bags 10 Contracts Worth RM1.4b Across Asia Pacific, Atlantic Regions
KUALA LUMPUR (June 8): Cash-strapped Sapura Energy Bhd said it has secured 10 contacts across the Asia Pacific and Atlantic regions since last December, with a combined value of RM1.4 billion. The oil and gas (O&G) services provider said the contracts were awarded to its engineering and construction (E&C), drilling, and operations and maintenance business segments, through the group's wholly-owned subsidiaries. The contracts were awarded between December 2022 and May 2023, with more than 70% of the combined contract value coming from projects outside of Malaysia.

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