PETALING JAYA: Debt-laden Sapura Energy Bhd finds temporary relief after the majority of creditors gave approval-in-principle to restructure its RM10.3bil debt. This, however, does not provide a ...

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.

In the quarter ended Oct 31, 2023, Sapura Energy posted a net profit of RM30.89mil, three times net profit of RM10.18mil in the same quarter in 2022. Basic earnings per share rose to 0.19 sen from ...