OPINION

Sapura facing winding up orders as losses hit US$2.1 billion

MALAYSIAN oil and gas services provider, and upstream explorer, Sapura Energy has been served with multiple winding up petitions for its subsidiaries.

Sapura facing winding up orders as losses hit US$2.1 billion

Sapura is a diversified energy player with a services arm that provides well interventions, engineering services and drilling capabilities. This part of the business has conducted well completion projects...

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