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At the company’s AGM on Wednesday, Shahril, who earns nearly RM200,000 a day, managed to stave off the move by institutional investors to remove him as Sapura Energy’s CEO.

Sapura Energy said the subsidiary companies had concluded 52 separate court-convened meetings between Feb 21 and Feb 27, 2025. Creditors of Sapura Energy and 22 of its subsidiaries have approved ...

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 ...

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 ...

Sapura Drilling is Southeast Asia top contractor in this segment by rig count and market share with a fleet of five semi-tender and six tender barge rigs. The latest contract wins, including ...

SAPURA ENERGY BERHAD announced that its drilling arm have secured multiple contracts with a combined value of approximately RM3.2B. Sapura Drilling won two (2) contracts from PTTEP Energy Development ...

FEBRUARY 25 — The new school year is here. To parents whose children had started school, congratulations. Your child is in a new stage in their life and could not have done it without your love and ...

KUCHING, Feb 25 — The Sarawak Islamic Religious Department (JAIS) has issued a directive prohibiting hotels and food establishments without halal certification from using Ramadan-related terms in ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...