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Three more Sapura Energy subsidiaries served with winding-up petitions

Eco World, Gas Malaysia, SKP Resources, Allianz Malaysia, SCIB, LYC Healthcare, Vizione, Cahya Mata, Scomi Energy and Sapura Energy

Here is a brief look at some corporate announcements and news flow on Thursday (March 17) which involve Eco World Development Group Bhd, Gas Malaysia Bhd, SKP Resources Bhd, Allianz Malaysia Bhd, Sarawak Consolidated Industries Bhd, LYC Healthcare Bhd, Vizione Holdings Bhd, Cahya Mata Sarawak Bhd, Scomi Energy Services Bhd and Sapura Energy Bhd.

Quick take: Sapura Energy climbs on RM1 2bil contracts win

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.

RM1 2bil contracts for Sapura Energy

has secured several new contract wins and extensions for jobs in Malaysia and Thailand, totalling RM1.2bil. In a statement yesterday, the global integrated energy solutions provider said the contracts were for its engineering and construction (E&C), operations and maintenance (O&M) and drilling segments, which will continue to sustain its momentum of job wins in the second quarter of its financial year ending Jan 31, 2022. Through its subsidiary Sapura Offshore Sdn Bhd, Sapura Energy said it had secured contracts from PTTEP Sarawak Oil Ltd and EnQuest Petroleum Production Malaysia Ltd under the Pan Malaysia Transportation and Installation of Offshore Facilities 2021 campaign.

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