Posted by JuliusCeasar > 2021-04-09 08:42 | Report Abuse

Oil spike up very early just before trading our start..... Good sign of moving north now.....

Posted by bullmarket1628 > 2021-04-09 08:45 | Report Abuse

‪Wow, oil price continue to rise !‬
‪Brent closed at ‬$63.32 ‪+0.42 +0.67%‬

Posted by alex333 > 2021-04-09 09:54 | Report Abuse

Foreseen QR report is red figure........

Posted by drkelvin20 > 2021-04-09 10:03 | Report Abuse

why QR should be red? I thought there were quite a number of project seized by Sapura, and they announced many new developments in wind, natural gas etc...It shold be better than before..isn't?

Posted by UlarSawa > 2021-04-09 10:32 | Report Abuse

Need to see QR got impairment or not. Just wait and see first. No need to be so hurry also. Sapnrg wont jump alot also even QR is green bcos it is a mammoth. Heavy and need bulldozer to move it. Correct?

Posted by strattegist > 2021-04-09 10:51 | Report Abuse

correct correct correct

Posted by RISK8888 > 2021-04-09 11:08 | Report Abuse

Base on the price movement should be red. Standby bullet, once result out just hundam for bargain price.

Posted by curly2328 > 2021-04-09 11:28 | Report Abuse

10Bil++ loans...are banks nuts? or there is a clear plan.

Posted by drkelvin20 > 2021-04-09 12:36 | Report Abuse

Last year they factored in huge impairment loss, not sure if this impairment loss is routine on annual base, if not, the coming QR may be hopeful too...in any case, YoY comparison should be very positive due to last year huge loss.

Its heavy that even red QR may not now affect the huge drop of share price...likewise, not moving up too drastically even with green QR...

But I hope slowly it can be back on track, just like Valesto is doing....now 18 sen.

Posted by JuliusCeasar > 2021-04-09 20:00 | Report Abuse

From what I observe at Brent oil price from Monday to Thursday this week.... At this time around the price is hover from USD 62 and above.... But today the price is hover from USD 63 and above.

On Tuesday Next week LONDON would lift up the lockdown and some Europe countries could follow.... This would arise the oil demand and oil price.

Posted by MNAA77 > 2021-04-12 11:41 | Report Abuse

sapura sudah tido ke zzzz

Posted by LetUsSee > 2021-04-12 12:14 | Report Abuse

These banks and PNB already tied themselves too much to SAPNRG. And SAPNRG is drowning.

They have to throw a small lifeline to SAPNRG so they themselves , hopefully, can avoid drowning with SAPNRG. These banks are very buying more tme for themselves.

No guarantee SAPNGR can survive unless O&G upstream industry can revive over time.

Posted by UlarSawa > 2021-04-12 16:04 | Report Abuse

sapura on lelong again. 13.5/14sen now. 14sen queue 100mil gone but vol done 68mil only. fake Queue kah. Correct?

Posted by bhza2012 > 2021-04-12 16:05 | Report Abuse

standby

Posted by bhza2012 > 2021-04-12 16:07 | Report Abuse

haiyo.. CEO baru pun tarak jalan juga

Posted by UlarSawa > 2021-04-12 16:13 | Report Abuse

Ceo baru not tested can fill King Shahril big shoes or not yet. Need time to warm up the seat without King Shahril around. Correct?

Posted by strattegist > 2021-04-12 16:13 | Report Abuse

correct correct correct

Posted by MNAA77 > 2021-04-12 16:15 | Report Abuse

correct2 fake Que lah nampak hari2
hahahaa

Posted by RISK8888 > 2021-04-12 16:22 | Report Abuse

Bad qr expecting. Must be a very bad qr coming this month. Be prepared for a big red one.

Posted by ruhaizat69 > 2021-04-12 17:31 | Report Abuse

Pelan pelan rilex

Posted by srimaanis > 2021-04-12 17:35 | Report Abuse

ok

Posted by bullmarket1628 > 2021-04-12 19:10 |

Post removed.Why?

Posted by JoshuaMS7 > 2021-04-13 16:27 | Report Abuse

run!! sapura seems crash soon!

Posted by hisaishi > 2021-04-13 16:45 | Report Abuse

haha, crash boom bang? rilek dont panic..time to buy more

Posted by RISK8888 > 2021-04-13 19:37 | Report Abuse

Bad qr, very scary

Posted by sheep > 2021-04-13 19:54 | Report Abuse

No worry. just buy and hold...sure win....wakaka

SapuraOMV's Sarawak unit inks final investment decision agreement for Jerun gas field with partners

KUALA LUMPUR (April 13): SapuraOMV Upstream's subsidiary SapuraOMV Upstream (Sarawak) Inc has inked a final investment decision (FID) for the Jerun gas field development in Sarawak with its partners, paving the way for the full execution of the project.

“We are very proud to be a key gas supplier to a PETRONAS, as we continue to pursue our agenda to deliver clean energy to Asia. Jerun is part of our strategic investment to become one of the leading independent operating companies in the region,” said SapuraOMV chairman Tan Sri Shahril Shamsuddin.

SapuraOMV explained that the Jerun gas field development is the latest and largest operated project for SapuraOMV, and is expected to produce some 500 MMscfd of gas when it comes onstream in 2024. Gas produced from the field will be sold to the customers in Bintulu including the Petronas LNG complex.

The SK408 Jerun development is SapuraOMV’s third major upstream gas development in East Malaysia, having first started with the development and commencement of production from the SK310 B15 gas field in 2017, and completion of SK408 Phase 1 development comprising Gorek, Larak, Bakong fields in 2019/2020.

Gross production from these fields stands at 575 MMscfd (96 kboed). When Jerun comes onstream, it will add a further 500 MMscfd (83 kboed) of production.SapuraOMV’s partners under SK408 PSC are Sarawak Shell Bhd (30%) and Petronas Carigali Sdn. Bhd (30%).

SapuraOMV is a strategic partnership between Sapura Energy Bhd and OMV Exploration & Production GmbH, a subsidiary of Austria’s OMV Aktiengesellschaft.

Shares in Sapura Energy closed unchanged at 14 sen today, valuing it at RM2.24 billion.

Posted by Jjkcl > 2021-04-13 20:37 | Report Abuse

Big contract fantastic

Posted by Smartinvstor > 2021-04-13 21:41 | Report Abuse

Wow tmr should be green

Posted by bullmarket1628 > 2021-04-13 22:06 |

Post removed.Why?

Posted by acinanatucer > 2021-04-14 07:12 | Report Abuse

SapuraOMV Upstream's subsidiary SapuraOMV Upstream (Sarawak) Inc has inked a final investment decision (FID) for the Jerun gas field development in Sarawak with its partners, paving the way for the full execution of the project.

https://www.theedgemarkets.com/article/sapuraomvs-sarawak-unit-inks-final-investment-decision-agreement-jerun-gas-field-partners

Posted by acinanatucer > 2021-04-14 07:14 | Report Abuse

Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) said its unit has secured a contract to undertake the engineering, procurement, construction, transportation and installation, and hook-up and commissioning services (EPCIC) for the Jerun gas field, located offshore Sarawak.

Wholly-owned Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) bagged the contract from SapuraOMV Upstream Inc, the group said in a statement today.

SapuraOMV Upstream (Sarawak) Inc is the operator of the SK408W block, with Sarawak Shell Berhad and Petronas Carigali Sdn Bhd holding 30% equity interest, each.

MHB managing director and CEO Pandai Othman said the contract demonstrates MHB’s capability in providing integrated value-added solutions.

“With this being our first project with SapuraOMV, we hope this marks the beginning of a long-lasting business relationship and mutual support between the two companies,” he added.

https://www.theedgemarkets.com/article/mhb-unit-bags-epcic-contract-jerun-offshore-gas-field-sarawak

Posted by Banditos > 2021-04-14 08:35 | Report Abuse

jerun kena makan by jerung. very pandai indeed mhb. lol

Posted by JoshuaMS7 > 2021-04-14 08:39 | Report Abuse

heavy selling 0.140 be extra careful below the price later!!

Posted by RISK8888 > 2021-04-14 10:16 | Report Abuse

Bad QR coming, careful guys. Buy at lower after QR released.

Posted by JuliusCeasar > 2021-04-14 10:55 | Report Abuse

Agreed.... Look like coming Qr is bad.... The sign is very very clear....

Posted by Sw33per > 2021-04-14 11:31 | Report Abuse

Kfc become biskut marie

Posted by drkelvin20 > 2021-04-14 11:35 | Report Abuse

Why the Jerun contract given to MHB by Sapura, not a good indicator for the Sapura
? Can someone enlighten me? I thought earlier post was showing Sapura inched on agreement of Jerun project?

Posted by bullmarket1628 > 2021-04-14 11:39 | Report Abuse

‪Wow, oil price continue to rise !‬
Brent now at $64.12 ‪+0.45 +0.71%‬

Posted by UlarSawa > 2021-04-14 12:54 | Report Abuse

Read carefully 2024 baru can get the gas. not 2021 lah. Correct?


SapuraOMV explained that the Jerun gas field development is the latest and largest operated project for SapuraOMV, and is expected to produce some 500 MMscfd of gas when it comes onstream in 2024. Gas produced from the field will be sold to the customers in Bintulu including the Petronas LNG complex.

Posted by stockraider > 2021-04-14 12:56 | Report Abuse

This means in 2024....the GAS sales revenue will be more than double mah!

Posted by UlarSawa > Apr 14, 2021 12:54 PM | Report Abuse

Read carefully 2024 baru can get the gas. not 2021 lah. Correct?


SapuraOMV explained that the Jerun gas field development is the latest and largest operated project for SapuraOMV, and is expected to produce some 500 MMscfd of gas when it comes onstream in 2024. Gas produced from the field will be sold to the customers in Bintulu including the Petronas LNG complex.

Posted by UlarSawa > 2021-04-14 12:56 | Report Abuse

Wholly-owned Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) bagged the contract from SapuraOMV Upstream Inc, the group said in a statement today.

Why not sapnrg get the contract bcos mmhe tender cheaper price than sapnrg. Correct?




drkelvin20 Why the Jerun contract given to MHB by Sapura, not a good indicator for the Sapura
? Can someone enlighten me? I thought earlier post was showing Sapura inched on agreement of Jerun project?
14/04/2021 11:35 AM

Posted by UlarSawa > 2021-04-14 12:58 | Report Abuse

Only 2 companies shortlisted for jerun contract. Onwer of the jerun also not sapnrg alone. Have to consider cheaper tender in order to be profitable right. Correct?

SapuraOMV Upstream (Sarawak) Inc is the operator of the SK408W block, with Sarawak Shell Berhad and Petronas Carigali Sdn Bhd holding 30% equity interest, each

Posted by UlarSawa > 2021-04-14 13:01 | Report Abuse

2024 then talk lah. now kfc lagi lah. Correct?



stockraider This means in 2024....the GAS sales revenue will be more than double mah!
14/04/2021 1:01 PM

Posted by strattegist > 2021-04-14 14:06 | Report Abuse

manyak correct correct correct

Posted by strattegist > 2021-04-14 14:07 |

Post removed.Why?

Posted by sheep > 2021-04-14 15:48 | Report Abuse

no worries.. just buy and hold....wakaka

Posted by srimaanis > 2021-04-14 16:52 | Report Abuse

why so negatif..

Posted by bullmarket1628 > 2021-04-14 17:16 |

Post removed.Why?

Posted by strattegist > 2021-04-14 18:16 |

Post removed.Why?

Posted by Sw33per > 2021-04-14 21:46 | Report Abuse

Oil up sapura down oil down sapura also down...wtf