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climbed in early trade Thursday after securing contracts worth RM1.2bil. The oil and gas service provider rose 4%, or 0.5 sen to 13 sen with over eight million shares traded. Sapura Energy has secured major contract wins and extensions worth RM1.2bil in Malaysia and Thailand for its engineering and construction (E&C), operations and maintenance (O&M) and drilling segments. For its E&C segment, its unit Sapura Offshore Sdn Bhd secured contracts from PTTEP Sarawak Oil Limited (PTTEP) and EnQuest Petroleum Production Malaysia Ltd (EnQuest) under the Pan Malaysia Transportation and Installation of Offshore Facilities 2021 campaign. For its O&M segment, its subsidiary Sapura Fabrication Sdn Bhd secured contracts from EnQuest, as well as Sarawak Shell Bhd and Sabah Shell Petroleum Company Limited.

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