Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. Back in 2022, in a ...

Sapura Energy’s drilling arm, Sapura Drilling, has secured multiple contracts valued at approximately RM3.2bn ($722.5m) for ...

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 ...

[KUALA LUMPUR] Once a crown jewel in Malaysia’s oil and gas sector, Sapura Energy is now teetering on the edge of collapse. It came into being as a result of a high-profile merger brought together by ...

PETALING JAYA: Sapura Energy Bhd, which slipped into losses in its latest quarter due to the stronger ringgit, cautioned shareholders that “foreign-exchange (forex) volatility” may continue in ...

Three years ago, in a debate with former prime minister Najib Abdul Razak, Anwar Ibrahim was critical of a proposal for the government to bail out debt-addled Sapura Energy Bhd. The then ...

Malaysian Prime Minister Anwar Ibrahim has defended a US$230 million state injection into struggling oil and gas firm Sapura Energy, insisting it is “not a bailout” but a strategic move to ...

Malaysia's embattled oil and gas services company Sapura Energy is being investigated by the country's anti-corruption commission reportedly for activities in 2018. Sapura said in an announcement ...

Sapura Energy Bhd said it has not been contacted by the MACC regarding investigations into alleged bribery and fund misappropriation involving the company. Sapura Energy said it remains committed ...

Once a flagship of the oil-rich nation’s ambition to build stalwarts in the upstream energy segment, Sapura Energy is teetering on the brink of collapse – buried under more than RM10 billion (S$3 ...