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Sapura Energy Names 2 New Directors

Sapura Energy has added two seasoned energy industry professionals as its non-executive directors.

Petronas penapisan melakaDatuk nur iskandarDato mohammad azlan abdullahAbdullah saniPlant operations divisionMaintenance servicesMalaysian refining companySapura energyPetronas human resource management leadership development capabilitiesEngineering holdings berhadWan mashitah binti abdullah saniDatuk nur iskandar binIndependent non executive directorsMashitah binti wan abdullah saniWan mashitahMalaysia marine

Sapura Energy appoints key board members, company and MMHE unaware of merger plan

Sapura Energy appoints key board members, company and MMHE unaware of merger plan
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Nur iskandar samadNur iskandarAbdullah saniMaintenance servicesMalaysia marine heavy energySapura energySapura energy berhadMalaysia marineHeavy energyWan mashitah abdullah saniWan mashitahBursa malaysia

Special Report: Malaysia Marine and Heavy Engineering poised for a turnaround in 2022

AFTER four years of losses, things are looking up for Malaysia Marine and Heavy Engineering Holdings Bhd (MHB). It now has a strong balance sheet, which puts it on a good footing to bid for jobs that are starting to flow again as global crude oil prices remain elevated for more than a year. MHB, a 66.5%-owned subsidiary of MISC Bhd, which in turn is controlled by Petroliam Nasional Bhd (Petronas), had RM862.43 million in cash as at end-September while its borrowings totalled RM343.44 million, leading to a net cash position of RM518.99 million.

Pasir gudangPetronas carigali sdn bhdPetroliam nasional bhd petronasAbdullah saniRanhill worleyPandai othmanEngineering holdings bhdNational petroleum construction coMalaysia marineHeavy engineering holdings bhdPetroliam nasional bhdWan mashitah abdullah saniMiddle eastTechnip energiesSarawak shell bhdWan mashitah