Petronas is NOT acquiring cash-strapped Sapura Energy

Malaysian contractor will need to find alternative solution to its financial woes

At work: crew on the vessel Sapura Esperenza are among thousands of Sapura Energy's personnel — At work: crew on the vessel Sapura Esperenza are among thousands of Sapura Energy's personnelPhoto: SAPURA ENERGY

Amanda Battersby

Singapore

Malaysia Petronas Sapura Energy Najib Razak Asia & Oceania

Published 28 March 2022, 01:03Updated 29 March 2022, 14:59