Under his leadership, from telecommunication company inSapura Group has since diversified into various areas of various industries, including oil and gas, industrial and automotive manufacturing, communications, aviation, and property development. Sapura Group is now one of the leading local knowledge and technology in Malaysia.
Sapura Group has grown into a leading knowledge and technology company in Malaysia. For his numerous contributions, he has been awarded with Honorary Doctorates from various Malaysian universities. As the Managing Director of Sapura Resources Berhad, he manages a diversified portfolio which includes investment holdings, property investment and aviation.
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Any enquiries should be directed to groupcorpcomm sapura. Discover Us! Let's Work Together! Come and Join Us! Let's Keep in Touch!The Group posted a profit-after-tax and minority interests of RM The Group adapted to new norms by leveraging on capabilities and strategic assets to capture opportunities in addressable markets and segments, while executing a comprehensive cost optimisation plan to ensure lean and efficient operations.
Other wins include a twelve-month extension on the operation of its pipe-laying support vessel Sapura Esmeralda in offshore Brazil, from Petrobras; and a contract from Foxtrot International LDC for the provision of its tender assist drilling rig services in the Ivory Coast.
Sapura Energy continues to build top-line growth through robust bidding activities in addressable markets and segments for hydrocarbons and renewable energy. As natural depletion in hydrocarbon resources compel oil and gas producers to increase capex investment, the total market value of opportunities in regions with Sapura Energy presence is expected to accumulate to USD1 trillion in the next five years. Prospects that Sapura Energy can immediately address within the next 12 to 24 months are valued at about USD billion.
As part of its sustainable growth strategy, the Group has embraced the shift to renewable and clean energy, utilising its existing assets to diversify into renewable energy projects. While Sapura Energy anticipates the environment in the oil and gas industry to remain challenging in the short to medium term, the Group is optimistic of its ability to navigate the current uncertainties.
The Group will continue to focus on safe and efficient operations across its business segments, deliver its cost optimisation targets and improve financial strength; and be well-positioned to capture opportunities as the market recovers.
This press release may contain forward-looking statements. All statements other than statements of historical facts included in this press release, including, without limitation, those regarding our financial position, financial estimates, business strategies, prospects, plans and objectives for future operations, are forward-looking statements.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we will operate in the future.
Such forward-looking statements reflect our current view with respect to future events and are not a guarantee of future performance. Date: Log in. E-mail Password Remember Forgot password? Sign up.Offshore Air Diving in the Gulf of Thailand
New member. United States. United Kingdom. Schweiz DE. Suisse FR. Latest News. Listed company. Sector News. All Analysis.
Stock Picks. All stock picks. My Portfolio. My Watchlists. Investment themes. Top News. Top Fundamentals. Top Technicals. Top Movers. Investment selections.The company was soaring to the point that its own vice-chairman Mokhzani Mahathir had to buy back the million shares in the company that he previously sold in for RM4.
With the selling price at RM2. However, deepwater drilling contractor Seadrill Ltd exited the company in by selling off its RM mil worth of shares, as reported by The Star. It also includes those of Polycold Compact Cooler for the air cooler module and the petroleum clean-up participation programme for Dana and D30 facilities decommissioning project, reported The Edge.
But then it started going downhill when Mokhzani exited the company by selling off million of his shares Despite that, analysts believe that the move will be mitigated in the short term, according to The Edge. The day the news broke, Sapura Energy was among the top losers and the most traded counters. Its share price fell 17 sen or From a separate The Edge article, it was reported that the company suffered a net loss of RM2.
As of 4. Skip to content The worst may not yet be over for Sapura Energy. Share on facebook. Share on twitter. Share on whatsapp. Share on email.
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Daily top news delivered to your inbox FREE. Subscribe to enjoy privilege.The company was renamed as Sapura Energy Berhad on March 24, Petrobras in Brazil . Its offshore support services ranges from topside maintenance, subsea services, brownfield rejuvenation, and geosurvey and geotechnicalto the provision of offshore support vessels .
The company has over four decades of experience in tender-assist drilling operations and drills more than wells in a year . Sapura Energy is also known for its exploration and production of oil and gas . Sapura Energy Berhad is a public limited liability company. As ofthe number of shareholders totals to 37, with Sapura Technology Sdn Bhd retaining From Wikipedia, the free encyclopedia. Annual Report Retrieved 19 August Featured Employer: Sapura Energy Berhad. Retrieved 30 August SapuraKencana Petroleum: Oil and Gas.
Retrieved 09 August Borneo Post. Retrieved on 28 March Sapura Energy Bhd. Sapura Energy Springs a Surprise. The Star Online. Sapura Rubi Starts Petrobras Job. Categories : Oil and gas companies of Malaysia Companies based in Kuala Lumpur Non-renewable resource companies established in establishments in Malaysia Companies listed on Bursa Malaysia. Namespaces Article Talk. Views Read Edit View history. Help Learn to edit Community portal Recent changes Upload file.
Download as PDF Printable version. Bahasa Melayu Edit links. MYX : Oilfield services. As of 23 December Sapura Energy Berhad has announced that its president and group chief executive officer, Tan Sri Shahril Shamsuddin, is planning to retire after leading the group for a quarter of a century. Shamsuddin, who founded the company in the mids, will be stepping down from his post upon reaching the retirement age of 60 on March 22,the company revealed. Taib was appointed independent and non-executive director of Sapura Energy in August this year.
Taib has also previously worked for Petronas as the executive vice president and CEO of upstream. Sapura Energy describes itself as a leading global integrated oil and gas services and solutions provider operating across the entire upstream value chain.
The company is present in 20 countries and has a workforce of 13, people globally, according to its website. Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone.
All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed. Sapura Energy Berhad has announced that its president and group chief executive officer is planning to retire after leading the group for a quarter of a century.
Andreas Exarheas Editor Rigzone.
Sapura Energy Berhad secures new wins worth RM766 million
The contract is expected to be completed by Q3 FY The contract scope of work consists of project management, engineering, procurement, offshore heavy lifting vessel and transportation spread to decommission seven offshore jackets, wet tow and reef jacket at a reef site.
The offshore campaign is expected to commence within FY The contract scope of work comprises the provision of project management, installation engineering, transportation and installation of five modules at Bergading Central Processing Platform.
The works are expected to be completed by Q4 FY The contract scope of work includes engineering, procurement, construction, installation and pre-commissioning of a in. The contract is effective on 30 April and the works are scheduled to be completed within 15 months.
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