SapuraKencana Petroleum Bhd Company News

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SapuraKencana: Short-Term Industry Outlook Uncertain
The short-term industry outlook remains uncertain, although there are early indications that the oil price is heading towards a path of stability in the medium term, SapuraKencana says.
7:00 PM EST | December 07, 2016
Malaysia's SapuraKencana Posts 7.1% Gain in 2Q FY17 PAT to $27M
SapuraKencana Petroleum's profit after tax (PAT) rises 7.1 percent to $27.2 million in the second quarter of financial year 2017 (2Q FY17), but revenue falls 40.2 percent to $410 million.
8:00 PM EST | September 28, 2016
SKTLO Bags $65.3M Contracts for Work Offshore Malaysia, Vietnam
SapuraKencana TL Offshore bags several contracts, worth around $65.3 million, for work offshore Malaysia and Vietnam.
8:00 PM EST | August 31, 2016
PETRONAS Minimizes Staff Redundancy to Facilitate Capability Development
Malaysia's PETRONAS minimizes layoffs in order for the firm to continue with its capability development, a senior executive says.
8:00 PM EST | August 22, 2016
SapuraKencana Secures $126M EPCI Contract for the TANAP Project
Malaysia's SapuraKencana Petroleum secures its first engineering, procurement, construction and installation (EPCI) contract in Europe with a $126 million deal for the Trans Anatolian Natural Gas Pipeline (TANAP) project offshore Dardanelles Strait.
8:00 PM EST | July 27, 2016
Malaysia's SapuraKencana Secures $113M Contract for a Mexican Assignment
Malaysia's SapuraKencana Petroleum secures a $113 million contract from Mexico's Pemex Exploracion y Produccion.
8:00 PM EST | July 25, 2016
PETRONAS Reaches Deal with SapuraKencana, Petrofac for Berantai
PETRONAS reaches deal with SapuraKencana and Petrofac for the cessation of the Berantai Risk Service Contract located offshore Terangganu, Malaysia.
8:00 PM EST | July 10, 2016
SapuraKencana Secures $125M of Drilling, Engineering & Construction Deals
SapuraKencana Petroleum secures $125 million of drilling as well as engineering and construction contracts and contract extensions in Malaysia, Australia and Trinidad and Tobagao.
8:00 PM EST | June 27, 2016
SapuraKencana Inks Deal to Sell Gas from Malaysia's B15 Field to PETRONAS
SapuraKencana Energy inks agreement to sell gas to PETRONAS from its B15 field in SK310 Production Sharing Contract offshore East Malaysia.
8:00 PM EST | June 26, 2016
SapuraKencana Energy Make Gas Discovery in SK408 PSC Offshore Sarawak
SapuraKencana Energy makes gas discovery in SK408 Production Sharing Contract offshore Sarawak, Malaysia.
8:00 PM EST | May 30, 2016
Term Sheet: Seadrill Sells Stake In Sapurakencana Petroleum For $198M
Seadrill sold its 8.2 percent stake in Malaysia's Sapurakencana Petroleum for $198 million.
8:00 PM EST | April 27, 2016
Malaysia's SapuraKencana Petroleum Incurs Loss of $196M in PAT for FY16
Malaysia's SapuraKencana Petroleum incurs a loss of $196 million in profit after tax for financial year that ended Jan. 31, compared to a gain of $355 million in the previous year.
8:00 PM EST | March 27, 2016
SNM's Newbuild PSLV Sapura Jade Commences Work for Petrobras Off Brazil
Sapura Navegacao Maritima's newbuild pipelay support vessel Sapura Jade commences work with Petrobras on schedule offshore Brazil.
7:00 PM EST | February 18, 2016
SapuraKencana Secures Several Service Contracts
SapuraKencana Petroleum Berhad's wholly-owned subsidiary companies and jointly controlled entities have been awarded contracts and contract extensions with a combined value of approximately $382 million.
7:00 PM EST | February 03, 2016
SapuraKencana Cancels Deal to Acquire 3 Blocks Offshore Vietnam for $400M
Malaysia's SapuraKencana Petroleum cancels deal to acquire three offshore Vietnamese oil and gas blocks from PETRONAS Carigali for $400 million.
7:00 PM EST | January 24, 2016
Malaysia's SapuraKencana Petroleum Clinches $117M Contracts
Malaysia's SapuraKencana Petroleum units clinch engineering and construction as well as drilling contracts amounting to around $117 million.
7:00 PM EST | January 14, 2016
Malaysia's SapuraKencana 3Q Net Profit Falls 63%
SapuraKencana Petroleum Bhd posts a 62.7% fall in third-quarter net profit on provision for impairment on property, plant and equipment, and oil and gas properties.
7:00 PM EST | December 21, 2015
SapuraKencana Clinches $72M of Work in Malaysia, India & Cote d'Ivoire
SapuraKencana Petroleum's units clinches contracts and extensions, worth $72 million, in Malaysia, India and Cote d'Ivoire.
7:00 PM EST | December 07, 2015
UMW Naga 8 Secures Contract from SapuraKencana to Drill Offshore Malaysia
UMW Oil & Gas assigns UMW Naga 8 jackup for a drilling contract with SapuraKencanca Petroleum offshore Malaysia.
7:00 PM EST | November 23, 2015
Tendeka Bags Deal for SapuraKencana Energy's East Belumut Field
Tendeka bags a two year deal to supply autonomous inflow control device valves to SapuraKencana Energy for the East Belumut oil field offshore Peninsular Malaysia.
7:00 PM EST | November 04, 2015
SapuraKencana Secures Approval for Eastern Malaysia Gas Field Development
SapuraKencana Energy secures approval for the SK 310 BK15 gas field development project, offshore eastern Malaysia.
7:00 PM EST | November 03, 2015
SapuraKencana Posts $28M Net Profit in 2Q FY16, Down 61% from 1Q FY16
SapuraKencana Petroleum's revenue rises 22.9 percent gain in the second quarter that ended July 31 to $762 million, but profit after tax falls 61.1 percent to $28 million due to provision for impairment of its oil and gas assets.
8:00 PM EST | September 14, 2015
SKD Sees Opportunities for Tender Assist Drillers in Low Oil Price Market
SapuraKencana Drilling feels that the industry downtrend may open opportunities for tender assist drillers.
8:00 PM EST | August 26, 2015
Malaysia's SapuraKencana Forms JV to Undertake Oil, Gas Projects in Brunei
Malaysia's SapuraKencana Petroleum forms joint venture in Brunei to undertake oil and gas projects in the country.
8:00 PM EST | August 03, 2015
SapuraKencana Bags $212M Deal for Mumbai High South Redevelopment Project
SapuraKencana Petroleum bags a $211.95 million contract from ONGC for the Mumbai High South Redevelopment Phase III project offshore India's west coast.
8:00 PM EST | July 13, 2015
Oil Service Firms Jostle For India Orders Amid Global Spending Cuts
Oilfield services firms are scrambling for contracts from India, which has emerged as a rare bright spot for the sector hardest hit by a slump in global crude oil prices.
8:00 PM EST | July 08, 2015
SapuraKencana's Net Profit Declines 21% to $69.53M in 1Q FY16
Malaysia's SapuraKencana Petroleum posts a 21 percent decline in net profit to $69.53 million in first quarter 2016, while revenue falls 8 percent to $601.5 million.
8:00 PM EST | June 15, 2015
SapuraKencana Clinches $269M Deals as Firm Ventures into Mexico
SapuraKencana Petroleum clinches $269 million engineering and constructions contracts in Asia and Mexico, where it will mark the commencement of its local operations.
8:00 PM EST | May 11, 2015
SapuraKencana's FY2015 Net Profit Up 32% to $382M, Boosted by Upstream Ops
SapuraKencana's net profit rises 32 percent in financial year 2015 to $381.8 million, boosted by income from upstream operations.
8:00 PM EST | March 23, 2015
Malaysia's SapuraKencana 3Q Profit Up 42% on New Business
SapuraKencana Petroleum says net profit increased 41.9 percent during its third quarter thanks to newly-acquired upstream units.
7:00 PM EST | December 08, 2014
SapuraKencana Clinches $459M Contracts for Work in Asia Pacific, Africa
SapuraKencana Petroleum clinches $459 million contracts for work in Asia Pacific and Africa.
7:00 PM EST | December 07, 2014
SapuraKencana Acquires Petronas' Stakes in 3 Blocks off Vietnam for $400M
SapuraKencana Petroleum ventures into Vietnam with the acquisition of three offshore blocks from Petronas for $400 million.
7:00 PM EST | November 20, 2014
Petronas Awards 2 Exploration Blocks in Sabah to SapuraKencana-Led JV
Petronas awards onshore Blocks SB331 and SB332 in Sabah, east Malaysia to the successful bidding consortium comprising SapuraKencana, M3nergy and Petronas Carigali.
7:00 PM EST | November 20, 2014
SapuraKencana Posts 2Q FY15 Net Profit of $140M, Up 8.6% YOY
SapuraKencana Petroleum posts a net profit of $140 million for the second quarter, up 8.6 percent from a year ago.
8:00 PM EST | September 24, 2014
SapuraKencana-Linked Firms Bag $124M T&I Contracts in Vietnam, Australia
SapuraKencana Petroleum-linked firms TL Offshore and SapuraAcergy bag transportation and installation contracts worth $124 million in Vietnam and Australia.
8:00 PM EST | September 01, 2014
SapuraKencana Discovers Gas at Bakong-1 Well in SK408 Offshore Sarawak
SapuraKencana Energy discovers gas at Bakong-1 well in SK408 production sharing contract offshore Sarawak, Malaysia.
8:00 PM EST | August 31, 2014
Newbuild Sapura Diamante Commences Work for Petrobras Off Brazil
Sapura Diamante,a newbuild pipelay support vessel operated by the SapuraKencanca-Seadrill joint venture, commences work for Petrobras in the pre-salt waters off Brazil.
8:00 PM EST | July 02, 2014
SapuraKencana's Unit Bags Anadarko's Deal for Survey Work in Colombia
SapuraKencana Petroleum's unit TL Geohydrographics bags a deal from Anadarko for the charter of Teknik Perdana vessel to carry out survey work in Colombia.
8:00 PM EST | July 02, 2014
SapuraKencana Bags $415M EPCIC Contracts from CPOC, Hess
SapuraKencana bags $415 million of engineering, procurement, construction installation and commissioning contracts for work offshore Malaysia and Thailand.
8:00 PM EST | June 19, 2014
Malaysia's SapuraKencana Posts Profit Jump Due to Acquisitions
Oil and gas services firm SapuraKencana Petroleum sees profit quintuple thanks to contributions from its newly-acquired tender rig business and other recent acquisitions.
8:00 PM EST | June 18, 2014
Malaysia's SapuraKencana Bags $700M Drilling Contracts
Malaysian oil and gas services firm SapuraKencana wins $700 million of drilling contracts in South East Asia and Trinidad.
8:00 PM EST | June 15, 2014
Cosco Zhoushan Delivers Launch Barge SapuraKencana FLB-1
Cosco Zhoushan delivers a floatover launch barge SapuraKencana FLB-1 to SapuraKencana Petroleum.
8:00 PM EST | June 11, 2014
SapuraKencana Touts Four Gas Finds Offshore Malaysia
SapuraKencana announces four significant gas discoveries in the SK408 Production Sharing Contract (PSC) area offshore Sarawak, Malaysia.
8:00 PM EST | June 08, 2014
Cosco Nantong Delivers SapuraKencana 3500 Pipelay, Heavy Lift Vessel
SapuraKencana Petroleum takes delivery of recently completed SapuraKencana 3500 pipelay heavy lift vessel from Cosco Nantong.
8:00 PM EST | May 19, 2014
SapuraKencana Clinches $312M Contracts in Asia, Africa and Russia
SapuraKencana Petroleum clinches $312 million worth of contracts in Ivory coast, Russia, India, Brunei and Malaysia.
8:00 PM EST | May 15, 2014
Seadrill Sells 4% Interest in SapuraKencana for $300M, Still Holds 8% Stake
Seadrill sells 4% stake in SapuraKencana Petroleum for $300 million, reducing its interest in the Malaysian company to 8%.
8:00 PM EST | April 09, 2014
Seadrill Plans up to $305M Selldown in Malaysia's SapuraKencana
Seadril plans to sell up to $305 million worth of shares in Malaysian oil and gas services firm SapuraKencana, according to a term sheet of the deal.
8:00 PM EST | April 08, 2014
Malaysia's SapuraKencana Bags More than $450M Drilling Contracts
Malaysian oil and gas services firm SapuraKencana wins more than $450 million of drilling contracts in SE Asia and Africa.
8:00 PM EST | March 31, 2014
SapuraKencana Plans $500M Annual Capex to Develop Newfield's Assets
Malaysian oilfield services firm SapuraKencana Petroleum plans to spend $500 million.
8:00 PM EST | March 24, 2014
Malaysia's SapuraKencana 4th Quarter Profit Nearly Triples
Oil and gas services firm SapuraKencana sees profits almost treble thanks to strong contributions from its newly-acquired tender rig business.
8:00 PM EST | March 23, 2014