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Sapura Energy's JV Firms Get Deals Worth $1.8 Billion
Sapura Energy (KLSE:SAPNRG) said its joint venture entities — Seabras Sapura and Seabras Sapura Participacoes —clinched deals worth $1.8 billion for its six multi-purpose pipe-laying support vessels.
Sapura Energy's JVs win US1.8b worth of contracts in Brazil
Sapura Energy Bhd’s joint venture companies (JVCos) have bagged contracts worth US$1.8 billion (RM8.53 billion) to provide engineering services and the charter of six pipe-laying support vessels.
Sapura Energy to Provide Underwater Services for PETRONAS
Sapura Energy (KLSE:SAPNRG) unit Sapura Subsea Services bagged a deal to provide underwater services for PETRONAS Group of Companies and petroleum arrangement contractors. The contract was awarded by
Sapura Energy Bags Underwater Service Contract From Thai-owned PTTEP Group
Sapura Energy Bhd has landed a five-year contract from PTTEP Sabah Oil Ltd and PTTEP Sarawak Oil Ltd to provide underwater services.
Sapura Energy Offloads 50% SapuraOMV Stake to TotalEnergies for RM3.4b
Sapura Energy Bhd has agreed to sell its entire 50% stake in SapuraOMV Upstream Sdn Bhd, an exploration and production (E&P) unit, to TotalEnergies Holdings SAS for US$705.3 million (RM3.37 billion).
Sapura Energy Not Out of the Woods, Market to Closely Watch Ex-SapuraOMV Earnings, Debt Recapitalisation Moves
While Sapura Energy Bhd has resolved one key condition of its reset plan, analysts maintained their recommendations on the group, as an arduous journey remains to address its balance sheet position.
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