The Malaysian Anti-Corruption Commission has opened two investigation papers following information on bribes and misappropriation involving Sapura Energy Berhad. A MACC source said the ...

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 ...

Government spokesman Fahmi Fadzil has denied claims that the finance ministry’s RM1.1 billion investment into Sapura Energy Bhd was a bailout. Fahmi said that the money the government poured ...

I write about Asia's richest, fast-growing businesses, and startups. Sapura Energy—backed by Malaysian tycoon Shahril Shamsuddin—has secured multiple oil and gas drilling contracts worth 3.2 ...

Financially beleaguered Malaysian contractor Sapura Energy has entered into a conditional funding agreement with Malaysia Development Holding (MDH) which, if finalised, would unlock up to $247 ...

Malaysia’s anti-corruption body has launched a probe into troubled oil and gas firm Sapura Energy as the government scrambles to contain public backlash over a proposed 1.1 billion ringgit (US$ ...

The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd will be exclusively used to repay local vendors, without benefitting any existing shareholders or financial ...

KUALA LUMPUR-Prime Minister Anwar Ibrahim has come under heavy fire after his government injected RM1.1 billion (S$331 million) into Sapura Energy on March 11, having previously criticised calls ...

The government’s RM1.1 billion investment in Sapura Energy Bhd is a crucial lifeline for vendors grappling with severe cash flow challenges due to outstanding payments, amounting to ...

Malaysia’s Sapura Energy has secured new contracts worth a combined 3.2 billion ringgit ($723 million), including extensions, for tender assist drilling (TAD) rig services at home and overseas.

Prime Minister Anwar Ibrahim said he had ordered an audit of Sapura Energy Bhd. and a change of management before approving a controversial 1.1 billion ringgit ($248.2 million) injection into the ...

Malaysian Prime Minister Anwar Ibrahim has defended a US$230 million state injection into struggling oil and gas firm Sapura Energy, insisting it is “not a bailout” but a strategic move to ...