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.

Government spokesman Fahmi Fadzil has denied claims that the finance ministry’s RM1.1 billion investment into Sapura Energy Bhd was a bailout. Fahmi said that the money the government poured ...

Sapura Energy’s drilling arm, Sapura Drilling, has secured multiple contracts valued at approximately RM3.2bn ($722.5m) for tender assist drilling rig (TADR) services. The contracts have been ...

A top PAS member and an Umno leader have called on the government to make public the findings of Sapura Energy Berhad’s forensic audit, following plans to invest RM1.1 billion into the ...

Financially beleaguered Malaysian contractor Sapura Energy has entered into a conditional funding agreement with Malaysia Development Holding (MDH) which, if finalised, would unlock up to $247 ...

I write about Asia's richest, fast-growing businesses, and startups. Sapura Energy—backed by Malaysian tycoon Shahril Shamsuddin—has secured multiple oil and gas drilling contracts worth 3.2 ...

The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd will be exclusively used to repay local vendors, without benefitting any existing shareholders or financial ...

PAS leader Ahmad Fadhli Shaari has questioned Prime Minister Anwar Ibrahim’s claim that the RM1.1 billion lifeline thrown to Sapura Energy Berhad should be considered a loan. The Islamist party ...

KUALA LUMPUR-Prime Minister Anwar Ibrahim has come under heavy fire after his government injected RM1.1 billion (S$331 million) into Sapura Energy on March 11, having previously criticised calls ...

Malaysia’s Sapura Energy has secured new contracts worth a combined 3.2 billion ringgit ($723 million), including extensions, for tender assist drilling (TAD) rig services at home and overseas.