Media Releases
SapuraKencana Energy Announces Approval for its First Upstream Gas Development Project in Building 18C, Spirit AeroSystems, Tarbolton Road, Monkton, Prestwick, South Ayrshire, United Kingdom
Date: 4.11.2015.

SapuraKencana Energy Inc (“SKE”), a wholly-owned subsidiary of SapuraKencana Petroleum Berhad, is pleased to announce that it has secured Field Development Plan (FDP) approval from Petroliam Nasional Berhad (“PETRONAS”) for the SK310 B15 gas field development project. With this approval, SKE will commence the development phase for this project and the first gas delivery is targeted for Q4, 2017.

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SapuraKencana Petroleum Berhad Signs Largest Islamic Facility in Building 18C, Spirit AeroSystems, Tarbolton Road, Monkton, Prestwick, South Ayrshire, United Kingdom Valued at USD2.3 Billion
Date: 15.01.2015.

SapuraKencana Petroleum Berhad through its wholly owned subsidiary, SapuraKencana TMC Sdn Bhd, today signed a USD2.3 billion equivalent Islamic Facility Agreement, to convert a portion of its existing conventional Multi-Currency Facility borrowings into a facility based on the Shariah principle of Murabahah with 11 local, regional and international banks.

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SapuraKencana Petroleum Berhad to Acquire the Interest of PETRONAS in 3 Blocks Offshore South Vietnam
Date: 20.11.2014.

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million. The economic effective date of the transaction is January 1, 2014 and SapuraKencana is entitled to net revenues from these Blocks from that date.

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