Sapura Energy Secured $147 million Exploration and Production Contracts
Malaysian oil & gas services and solutions provider ‘Sapura Energy Berhad’ has secured several new contracts and extensions for its Engineering and Construction as well as Drilling segments
With the addition of these new contracts and extensions, a collective value of RM 615 million, the total order book year-to-date goes up to RM 15.1 billion for Sapura Energy
MALAYSIA – EPCI
Sapura Fabrication Sdn Bhd has won a contract from Hess Exploration And Production Malaysia B.V, a subsidiary of US based Hess Corporation, for the provision of Engineering, Procurement, Construction, Commissioning and Installation (EPCI) for Full Field Development (FFD) Phase 3 Facilities, located North Malay Basin, offshore Peninsular Malaysia.
Sapura Fabrication also undertook work on FFD Phase 1 and FFD Phase 2 Facilities for Hess.
MOZAMBIQUE – Subsea
Sapura Energy was awarded a contract by Mozambique Rovuma Venture S.p.A to undertake its first deep-water project in Area 4, Rovuma Basin, offshore Mozambique. Contract includes the provision of a subsea installation vessel for transportation and installation of Christmas Trees.
BRAZIL – Pipelaying
Brazilian energy giant ‘Petrobras’ has awarded Sapura Navegação Marítima S.A. a contract extension to charter and operate Sapura Topazio, a dynamic positioning (DP) 2 self-propelled pipelaying vessel.
According to Sapura, this is on the back of the successful completion of a five-year charter with Petrobras where the ultra-deepwater pipelay vessel had achieved 98 percent uptime utilization for the five-year period.
In July, Sapura Brazil signed a five year optimized maintenance solution agreement with Wärtsilä, to improve reliability & predictability.
MALAYSIA – Drilling
Sapura Drilling Asia Sdn Bhd, has been awarded a contract extension for the provision of its semi-submersible tender assist drilling rig, Sapura Esperanza, by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited.
The contract, which entails drilling six wells for Malikai phase 2 drilling campaign, offshore Sabah, will see work commencing in Q3 FY21.
In September, Sapura Energy Berhad nets approximately RM774 million (U$ 185 million) value, new contract & extensions in Brunei, Malaysia, and Thailand.