Malaysia's SapuraKencana wins $269 mln oil and gas services contracts overseas
KUALA LUMPUR May 11 (Reuters) - SapuraKencana Petroleum Bhd , Malaysia's biggest oil and gas services firm by market value, said on Monday its subsidiaries have won contracts worth up to $269 million in Mexico, Indonesia, India and Vietnam.
"The award... is expected to contribute positively towards the earnings and net assets per share of SapuraKencana for the financial year ending Jan. 31, 2016," it said in a local stock exchange filing. (bit.ly/1J4OLgN)
The Kuala Lumpur-based company has been expanding its business aggresively into new markets even as rivals such as Technip SA sees spending growth in the industry to ease amid declining crude oil prices.
(Reporting By Yantoultra Ngui; Editing by Biju Dwarakanath)
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