SapuraKencana Petroleum Berhad completed the share purchase agreement for the acquisition of Newfield International’s entire equity interest in Newfield Malaysia for USD 895.9 million. Following completion of the acquisition, SapuraKencana Energy, a newly incorporated wholly owned upstream subsidiary of SapuraKencana, holds equity interest in eight production sharing contracts and one alliance contract in Peninsular Malaysia, Sabah, and Sarawak.
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