Media Releases
VANTRIS ENERGY BERHAD’S JOINT VENTURE COMPANY AWARDED LANDMARK 7-YEAR CONTRACT FOR CRITICAL DIVING SERVICES WITH ARAMCO IN SAUDI ARABIA
Date: 21.10.2025.

Vantris Energy Berhad has announced that its joint venture company, Rawabi Sapura Limited Company (“Rawabi JV”), has been awarded a significant seven-year contract to commence in 2027, to provide vital diving support services for Aramco, one of the world’s leading integrated energy and chemicals companies. Rawabi JV is a joint venture under Vantris Energy’s Operations & Maintenance (“O&M”) division.

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VANTRIS ENERGY APPOINTS ADNAN ZAINOL ABIDIN AS NEW CHAIRMAN
Date: 29.09.2025.

Vantris Energy Berhad today announced the appointment of Adnan Zainol Abidin as its new Chairman, effective 1 October 2025. Adnan succeeds Shahin Farouque Jammal Ahmad, who will step down from his role on the same day. Shahin will continue to serve as a non-independent member of Vantris Energy’s Board of Directors.

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SAPURA ENERGY SECURES BURSA SECURITIES APPROVAL FOR ITS REGULARISATION PLAN
Date: 1.07.2025.

Sapura Energy Berhad is pleased to announce that Bursa Malaysia Securities Berhad has, by way of its letter dated 30 June 2025, approved SEB’s Proposed Regularisation Plan. This marks a significant milestone in the Company’s strategic efforts to restructure its debt, strengthen its financial position and exit its status as a company classified under Practice Note 17 of the Main Market Listing Requirements.

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SEB POSTS Q1 FY2026 RESULTS: EARNINGS DAMPENED BY FORESEEABLE LOSSES, RECOVERY EXPECTED FROM Q2
Date: 30.06.2025.

Sapura Energy Berhad (“SEB” or “the Company”) and its subsidiaries (“the Group”) today announced its financial results for the first quarter ended 30 April 2025 (“Q1 FY2026”). For the quarter under review, the Group recorded a revenue of RM801 million, a loss before interest, tax, depreciation and amortisation (“LBITDA”) of RM275 million, and a loss after tax and minority interest (“LATAMI”) of RM478 million.

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SEB TARGETS PN17 EXIT WITH COMPREHENSIVE REGULARISATION PLAN AIMED AT FINANCIAL TURNAROUND AND OPERATIONAL RECOVERY
Date: 14.05.2025.

Sapura Energy Berhad (“SEB” or “the Company”) and the Company and its subsidiaries (collectively, “the Group”) today announced its proposed Regularisation Plan, aimed at facilitating the Company's exit from Practice Note 17 (“PN17”) status and returning the Group to a stronger financial and operational standing. The final plan, expected to be submitted soon, includes a proposed debt restructuring exercise to resolve about RM12.1 billion in total borrowings and trade liabilities; and a proposed capital reconstruction to set off against the Group’s accumulated losses.

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SEB RELEASES AUDITED FY2025 FINANCIALS, SHOWS IMPROVED FINANCIAL PERFORMANCE AMIDST RESTRUCTURING PROGRESS
Date: 14.05.2025.

Sapura Energy Berhad ("SEB" or "the Company") and its group of companies (“the Group”) today announced its Audited Financial Statements for the financial year ended 31 January 2025 (“FY2025”), confirming the Group’s first return to profitability in six years. The Group’s Profit After Tax and Minority Interest (“PATAMI”) in FY2025 stood at RM190 million, an improvement from the Loss After Tax and Minority Interest (“LATAMI”) of RM509 million it recorded in the previous year. FY2025 revenue stood at RM4.7 billion, increasing by 8.9 percent or RM385 million year-on-year, while the Group’s Earnings Before Interest, Tax, Depreciation, and Amortisation (“EBITDA”) stood at RM524 million.

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