Sapura Exploration and Production Sarawak Inc., a wholly-owned subsidiary of Sapura Energy Berhad (SEB), is pleased to announce that it has commenced production at the B15 field.
The B15 gas field development is a maiden gas development project for Sapura Exploration and Production (Sapura E&P) and the first gas milestone was achieved within two years of the sanction of its Field Development Plan (FDP).
Lembaga Tabung Angkatan Tentera (LTAT) or the Armed Forces Fund Board registered an increase in unaudited net profit of RM667.1 million for the financial year ended 31 December 2017.
This marks a substantial 12.1 per cent increase compared with the previous year’s RM595 million.
Petronas, via its wholly owned subsidiary Petronas Hartabina Sdn. Bhd. signed a Share Sale and Purchase Agreement (SPA) for the sale of Petronas’ 100% interest in Prince Court Medical Centre (PCMC) to Khazanah Nasional Berhad, via its wholly owned subsidiary Pulau Memutik Ventures Sdn. Bhd.
“Petronas is pleased to witness PCMC’s recent transformation in becoming a self-sustaining and profitable organisation with strengthened financials and solid operational foundation.