Vantris Energy Bhd 2020 AR2
The report outlines Sapura Energy Berhad's strategic and financial performance for the fiscal year ended January 31, 2020, highlighting its navigation through a challenging oil and gas market. The company recorded a revenue of RM6.4 billion but faced a net loss of RM4.6 billion, primarily due to RM3.3 billion in asset impairments. Key operational achievements include the successful first gas production at the SK408 Larak field and the diversification into renewable energy with the Yunlin Offshore Wind Farm project in Taiwan. On the sustainability front, the company reinforced its commitment to safety, achieving zero lost time injuries in its drilling fleet for the second consecutive year, and invested RM9.5 million in employee training and development.
Company: Vantris Energy Bhd
Sector: Mining & quarrying
Country: Malaysia
Year: 2020
Type: AR2
Pages: 299
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Vantris Energy Bhd
Annual Report
The report outlines Sapura Energy Berhad's strategic and financial performance for the fiscal year ended January 31, 2020, highlighting its navigation through a challenging oil and gas market. The company recorded a revenue of RM6.4 billion but faced a net loss of RM4.6 billion, primarily due to RM3.3 billion in asset impairments. Key operational achievements include the successful first gas production at the SK408 Larak field and the diversification into renewable energy with the Yunlin Offshore Wind Farm project in Taiwan. On the sustainability front, the company reinforced its commitment to safety, achieving zero lost time injuries in its drilling fleet for the second consecutive year, and invested RM9.5 million in employee training and development.
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Document Details
Report Year
2020
Reporting Period
Feb 1, 2019 - Jan 31, 2020
Fiscal Year
2020
Published
Jul 30, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees