Roc Oil

Oil & Gas

SapuraKencana wins trio of contracts worth $72million


SapuraKencana Petroleum has won engineering and construction contracts including a number of extensions in a deal worth $72million. The company said it had been awarded a contract by Roc Oil to provide engineering, procurement, construction and commissioning for production and drilling on a platform in the D35 field offshore Sarawak.

Market info

Fosun deal takeover bid ends


An off-market takeover bid for Roc Oil by Fosun has now closed. Billionaire Guo Guangchang’s Fosun International agreed to acquire Roc Oil for $441million in cash, giving the Chinese group assets stretching from Australia to Malaysia.