Sapura Energy finally gets go-ahead for Sarawak gas fields

June 3, 2018

Dateline 2018-04-12, The Edge:

The long-awaited go-ahead for the development of three gas fields off Sarawak provided a huge boost to flagging Sapura Energy Bhd, with its market capitalisation boosted by more than half a billion ringgit as its share price rallied sharply yesterday.

Sapura Energy logged its largest single-day price gain since its listing six years ago to finish a fifth higher to 64.5 sen after it announced it was proceeding with the development of the Gorek, Larak and Bakong gas fields off Sarawak under phase one of the SK408 production sharing contract (PSC).

The PSC follows a final investment decision (FID) made after the fields development plan received Petroliam Nasional Bhd’s approval. Concurrently, the key terms of the gas sales agreement for the gas fields’ development have been agreed upon.


Saturday Star – Job Opportunities

March 30, 2008

Another week, another scan of the Saturday Star newspaper. Here’s an incomplete list of job ads in the paper, though this week’s offerings seem a bit thin on the ground:

  • MECIP is looking people. MECIP is a multi-discipline engineering company providing project engineering, project management, engineering studies and process engineering simulation services.
  • An interesting prospect is KBR, which has an add for a Singapore position. KBR is a leading global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors.
  • SapuraCrest has an ad out. Sapura Group through its subsidiary, SapuraCrest Petroleum Berhad [SAPCRES], is one of the leading and reputable integrated technology & service providers in the Oil & Gas industry

Happy hunting. Let me have some feedback if you find this list useful. Even better, spread the news.