Sapura Energy Berhad (formerly known as SapuraKencana Petroleum Berhad) is a Malaysian integrated oil and gas services company based in Seri Kembangan, Selangor. Sapura Energy trades in over 20 countries, such as China, Australia, United States of America, and those in Western Africa and the Middle East, employing approximately 13,000 people.[4] Sapura Energy's operations cover exploration, development, production, rejuvenation, decommissioning, and abandonment.[5] The company was formed via a merger between SapuraCrest and Kencana in May 2012[6][7] and trades on the Main Market of Bursa Malaysia Securities Berhad. The company was renamed as Sapura Energy Berhad on 24 March 2017.[8]
Through its engineering, procurement, construction, installation, and commissioning (EPCIC) solutions, Sapura Energy also offers its clients in the oil and gas industry operations and maintenance (O&M) services. Its offshore support services ranges from topside maintenance, subsea services, brownfield rejuvenation, and geosurvey and geotechnical, to the provision of offshore support vessels.[12]
Drilling and Completionedit
The world's largest owner and operator of tender rigs, Sapura Energy maintains more than 50% of the global market share.[13] In 2013, Sapura Energy bought $2.9 billion worth of tender rigs from deepwater drilling company Seadrill, further expanding the company's tender rig business.[14] The company has over four decades of experience in tender-assist drilling operations and drills more than 400 wells in a year.[13]
Exploration and Productionedit
Sapura Energy is also known for its exploration and production of oil and gas.[12] In 2014, the company's energy division was able to lift 5.1 million barrels of oil equivalent from Peninsula Malaysia fields. In the same year, it achieved a 100% exploration success rate due to its five significant gas discoveries in Sarawak’s SK408 project, resulting in more than three trillion cubic feet of gas.[15]
Ownershipedit
Sapura Energy Berhad is a public limited liability company. As of 2017, the number of shareholders totals to 37,217 with Sapura Technology Sdn Bhd retaining 13.37% and the Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board holding 10.06% of the shares.
The Chairman of the Board of Directors is Hamzah Bakar while the company's President and Group Chief Executive Officer is Shahril Shamsuddin, who also serves on the board of directors and the President and Group Chief Executive Officer of Sapura Group.[16]
^Rigzone.com, Inc. Featured Employer: Sapura Energy Berhad. Retrieved 30 August 2017.
^Oxford Business Group. SapuraKencana Petroleum: Oil and Gas. Retrieved 09 August 2015.
^J, Yap. 2012. SapuraKencana Becomes Nation's Largest O&G Player. Borneo Post. Retrieved 09 August 2015.
^SapuraKencana gets new name Offshore Energy Today (28 March 2017). Retrieved on 28 March 2017. "Malaysian oilfield services company SapuraKencana Petroleum Berhad has now changed its name to Sapura Energy Berhad.".
^Nikkei Asian Review. Sapura Energy Bhd. Retrieved 30 August 2017.
^S. Puspadevi. 2017. Sapura Energy Springs a Surprise. The Star Online. Retrieved 30 August 2017.
^Subsea World News. 2016. Sapura Rubi Starts Petrobras Job. Retrieved 30 August 2017.
^ abBloomberg L.P. Sapura Energy Bhd (SAPE:Kuala Lumpur). Retrieved 30 August 2017.
^ abMalaysia Petroleum Resources Corp. 2017. OTC EXTRA: Malaysia Showing Resilience Amid Turbulence. Retrieved 30 August 2017.
^Offshore Energy Today. 2013. SapuraKencana Buys $2.9 Bln Worth of Tender Rigs from Seadrill. Retrieved 30 August 2017.
^The Star Online. 2015. SapuraKencana Gets 14 Jobs Worth RM5.1bil. Retrieved 30 August 2017.
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SapuraKencana redirects here Sapura Energy Berhad formerly known as SapuraKencana Petroleum Berhad is a Malaysian integrated oil and gas services company based in Seri Kembangan Selangor Sapura Energy trades in over 20 countries such as China Australia United States of America and those in Western Africa and the Middle East employing approximately 13 000 people 4 Sapura Energy s operations cover exploration development production rejuvenation decommissioning and abandonment 5 The company was formed via a merger between SapuraCrest and Kencana in May 2012 6 7 and trades on the Main Market of Bursa Malaysia Securities Berhad The company was renamed as Sapura Energy Berhad on 24 March 2017 8 Sapura Energy BerhadFormerlySapuraKencana Petroleum BerhadCompany typePublic limited companyTraded asMYX 5218ISINMYL5218OO002IndustryOilfield servicesPredecessorSapuraCrest Petroleum Berhad Kencana Petroleum BerhadFounded15 May 2012 11 years ago 2012 05 15 merger between SapuraCrest and Kencana FounderTan Sri Shahril Shamsuddin 1 HeadquartersNo 7 Jalan Tasik Mines Resort City 43300 Seri Kembangan Selangor MalaysiaKey peopleAbdul Jalil Abdul Rasheed Chairman Datuk Mohd Anuar Taib 2 President amp CEO RevenueRM6 45 billion 2020 3 Operating income RM1 27 billion 2020 3 Net income RM4 57 billion 2020 3 Total assetsRM22 75 billion 2020 3 ParentSapura GroupWebsitewww wbr sapuraenergy wbr com Contents 1 Core businesses 1 1 Engineering and Construction 1 2 Operations and Maintenance 1 3 Drilling and Completion 1 4 Exploration and Production 2 Ownership 3 See also 4 References 5 External linksCore businesses editEngineering and Construction edit nbsp Sapura Energy oil exploration ships One of Sapura Energy s core businesses is Engineering and Construction which includes the creation of offshore platforms and marine pipelines for oil exploration 9 It is supported by a strategic group of assets such as pipelaying vessels six of which are in full operation for Petroleo Brasileiro S A Petrobras in Brazil 10 The vessels are fitted with remotely operated vehicles ROVs developed and built by Total Marine Technology Pty Ltd TMT an Australian subsidiary of SapuraKencana 11 Operations and Maintenance edit Through its engineering procurement construction installation and commissioning EPCIC solutions Sapura Energy also offers its clients in the oil and gas industry operations and maintenance O amp M services Its offshore support services ranges from topside maintenance subsea services brownfield rejuvenation and geosurvey and geotechnical to the provision of offshore support vessels 12 Drilling and Completion edit The world s largest owner and operator of tender rigs Sapura Energy maintains more than 50 of the global market share 13 In 2013 Sapura Energy bought 2 9 billion worth of tender rigs from deepwater drilling company Seadrill further expanding the company s tender rig business 14 The company has over four decades of experience in tender assist drilling operations and drills more than 400 wells in a year 13 Exploration and Production edit Sapura Energy is also known for its exploration and production of oil and gas 12 In 2014 the company s energy division was able to lift 5 1 million barrels of oil equivalent from Peninsula Malaysia fields In the same year it achieved a 100 exploration success rate due to its five significant gas discoveries in Sarawak s SK408 project resulting in more than three trillion cubic feet of gas 15 Ownership editSapura Energy Berhad is a public limited liability company As of 2017 the number of shareholders totals to 37 217 with Sapura Technology Sdn Bhd retaining 13 37 and the Citigroup Nominees Tempatan Sdn Bhd Employees Provident Fund Board holding 10 06 of the shares The Chairman of the Board of Directors is Hamzah Bakar while the company s President and Group Chief Executive Officer is Shahril Shamsuddin who also serves on the board of directors and the President and Group Chief Executive Officer of Sapura Group 16 See also editList of oilfield service companiesReferences edit 1 Sharil retires today Annuar Taib assumes CEO post Retrieved 22 March 2021 2 Maybank IB Sapura Energy CEO Shahril s planned retirement an unexpected surprise Retrieved 22 March 2021 a b c d 3 Sapura Energy Annual Report 2020 Retrieved 23 March 2021 SapuraKencana Petroleum Berhad 2015 Annual Report 2015 Retrieved 19 August 2014 Rigzone com Inc Featured Employer Sapura Energy Berhad Retrieved 30 August 2017 Oxford Business Group SapuraKencana Petroleum Oil and Gas Retrieved 09 August 2015 J Yap 2012 SapuraKencana Becomes Nation s Largest O amp G Player Borneo Post Retrieved 09 August 2015 SapuraKencana gets new name Offshore Energy Today 28 March 2017 Retrieved on 28 March 2017 Malaysian oilfield services company SapuraKencana Petroleum Berhad has now changed its name to Sapura Energy Berhad Nikkei Asian Review Sapura Energy Bhd Retrieved 30 August 2017 S Puspadevi 2017 Sapura Energy Springs a Surprise The Star Online Retrieved 30 August 2017 Subsea World News 2016 Sapura Rubi Starts Petrobras Job Retrieved 30 August 2017 a b Bloomberg L P Sapura Energy Bhd SAPE Kuala Lumpur Retrieved 30 August 2017 a b Malaysia Petroleum Resources Corp 2017 OTC EXTRA Malaysia Showing Resilience Amid Turbulence Retrieved 30 August 2017 Offshore Energy Today 2013 SapuraKencana Buys 2 9 Bln Worth of Tender Rigs from Seadrill Retrieved 30 August 2017 The Star Online 2015 SapuraKencana Gets 14 Jobs Worth RM5 1bil Retrieved 30 August 2017 Sapura Energy 2017 Annual Report 2017 External links editOfficial website nbsp Business data for Sapura Energy Berhad Google Retrieved from https en wikipedia org w index php title Sapura Energy amp oldid 1169298041, wikipedia, wiki, book, books, library,
