Sapura Energy Berhad (“Sapura Energy”) announced today that it has entered into a Heads of Agreement with Austria’s OMV Aktiengesellschaft (“OMV AG”) to form a strategic partnership.

Sapura Upstream Sdn Bhd (“Sapura Upstream”; formerly known as Sapura Exploration and Production Sdn Bhd), a wholly-owned subsidiary of Sapura Energy Berhad (“Sapura Energy”), today made its maiden foray into Australia through farm-in agreements to three offshore exploration permits held by Finder Exploration Pty Ltd (“Finder”), a private oil and gas company based in West Perth, Australia.

Sapura Energy Berhad (“the Group” or “Sapura Energy”) today proposed a rights issue as part of a broader strategic plan to strengthen the group’s core businesses, boost its financial position and create better value for its shareholders.

Sapura Energy Berhad (“Sapura Energy” or “the Group”) was awarded Best Pipe Layer Operator for flexible pipe lay works in ultra-deepwater operations and was a joint recipient of the Best Health, Safety and Environment (“HSE”) Management award for excellent performance in HSE at the recent Petrobras (Petróleo Brasileiro S.A.) Best Suppliers Recognition Award 2017.

Sapura Energy Berhad (“Sapura Energy” or “the Group”) today announced its first quarter results for the period ended 30 April 2018, recording a revenue of RM1,055 million, EBITDA of RM228 million and loss-after-tax of RM137 million.

Sapura Exploration and Production (“Sapura E&P”), a wholly-owned subsidiary of Sapura Energy Berhad (“Sapura Energy” or “the Group”) and its joint venture consortium partners, DEA Deutsche Erdoel Mexico and Premier Oil (“Premier”), signed a Production Sharing Contract (“PSC”) for Block 30 with Comision Nacional De Hidrocarburos of Mexico (“CNH”) on 27 June 2018.

Sapura Energy Berhad (“Sapura Energy” or “the Group”), a leading integrated oil and gas services and solutions provider, has scored another nine new contracts valued at approximately RM1.8 billion, bringing the accumulative value in contract wins to-date to RM4.5 billion for the Group.

Sapura Energy Berhad (“Sapura Energy” or “the Group”) through its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc.; “Sapura E&P”) and its partners Sarawak Shell Berhad and PETRONAS Carigali Sdn Bhd announce its ninth gas discovery offshore Sarawak, following the completion of its 2017 drilling campaign within the SK408 Production Sharing Contract (“PSC”).

Sapura Energy Berhad (“the Group”) today announced that its wholly-owned subsidiary, Sapura Exploration and Production (Sarawak) Inc. (formerly known as SapuraKencana Energy Sarawak Inc.; “Sapura E&P”) and its partners, PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad, have taken Final Investment Decision (“FID”) to develop the Gorek, Larak and Bakong fields as phase 1 in the SK408 Production Sharing Contract.

Sapura Exploration & Production (Sapura E&P), a wholly-owned subsidiary of Sapura Energy Berhad (“the Group”, formerly known as SapuraKencana Petroleum Berhad), together with its joint venture partners DEA Deutsche Erdoel Mexico and Premier Oil have been awarded Block 30 in Sureste Basin, a proven and prolific hydrocarbon province in the Gulf of Mexico.