Malaysia Prime Minister Anwar Ibrahim is taking the heat for rescuing debt-laden oil and gas services firm Sapura Energy.

KUALA LUMPUR] Once a crown jewel of Malaysia’s oil and gas sector, Sapura Energy – born from a high-profile merger over a ...

Sapura Energy Bhd, which is in the spotlight following a proposed RM1.1bil cash injection from the government to repay unpaid ...

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PETALING JAYA : The government’s RM1.1 billion cash injection into Sapura Energy Bhd comes with strict conditions that ...

Conditional deal with Malaysia Development Holding states funds intended to settle liabilities with local contractors.

Sapura Energy ran into financial trouble back in 2019, although it received a RM1.8 billion backing allegedly from a ...

The PM was previously strongly against bailing out Sapura Energy, once one of the world's top oil and gas firms. Read more at ...

The prime minister revealed that there has been a complete overhaul of Sapura Energy Bhd’s top leadership as it was one of ...

The Malaysian prime minister says the funds will be used to prevent disruptions to the oil and gas sector, but many are ...

The asset manager says MDH's investment will catalyse economic growth and ensure the survival of Malaysian service providers ...

PUTRAJAYA: Due diligence and conditions including a complete restructuring of Sapura Energy Bhd's top management were ...