KUALA LUMPUR: SapuraKencana Petroleum Bhd was listed on the main market of Bursa Malaysia on May 17, 2012, creating the country’s largest integrated oil and gas (O&G) service provider by assets.
The merged entity was the result of a massive RM11.85bil merger exercise of two of the country’s prominent O&G players – SapuraCrest Petroleum Bhd and Kencana Petroleum Bhd – that placed it among the world’s top five O&G players alongside Italy’s Saipem, France’s Technip and the US McDermott’s International Inc.
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