SapuraKencana among those invited to bid for Newfield assets worth US$1.7bil


Dateline 2013-07-09:

Up to 60 companies have expressed interest in Newfield Exploration Co’s oil and gas (O&G) assets in Malaysia and China, indicating strong interest for the assets which sources said are priced at around US$1.7bil (RM5.27bil).

However, less than half of the companies that had expressed interest have been issued with the info memo on the deal by Goldman Sachs and in accordance with the wishes of Texas-based Newfield. Stage 1 for bid submission is on July 16.

Bidders are now sorting out their funding arrangements for the planned acquisition while some are also looking to team up with other O&G players for joint-bids.

 

7 Responses to SapuraKencana among those invited to bid for Newfield assets worth US$1.7bil

  1. asrulalias says:

    Isn’t it obvious if petronas would be the key decider of the winner?..huhuhu..

  2. asrulalias says:

    Isn’t that too obvious if Petronas would be the key decider of the winner? Huhuhuhu…

    • Wata says:

      Asrulalias : is this a case of workers just changing the colours of their coveralls, like when maintenance contracts expire?

      • asrulalias says:

        I guess so boss and I knew that all the permanent staffs received their envelope from the NFX management long time ago…not too sure what is the package that they offered..

Leave a Reply to asrulalias Cancel reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: