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Sapura Energy secures $722m worth of drilling contracts
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 ...
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Creditors approve cash-strapped Sapura Energy’s proposed restructuring scheme
The board of Malaysia’s beleaguered offshore and marine contractor Sapura Energy have reason to celebrate as creditors have approved the company’s proposed restructuring scheme, as part of its ...