Sapura Energy Berhad (Sapura Energy) has secured RM760 million in contract wins for its Drilling and Engineering & Construction businesses. The latest achievements have lifted the value of contract wins to RM9.3 billion for its current financial year. The company’s growing order book will see a higher utilisation of its assets as it gears up for long-term growth across its Services segment.
Sapura Drilling has been awarded a contract in Angola by Cabinda Gulf Oil Company Limited, a subsidiary of Chevron Corporation, for the provision of its semi-submersible tender assisted drilling rig, Sapura Jaya, for drilling works in the Angolan waters for a period of two years with extension options. The project entails using a first of its kind technical solution to improve efficiency for the drilling campaign.
Closer to home, Sapura Drilling has accepted an extension of its contract with Sarawak Shell Berhad and Sabah Shell Petroleum Company Limited for the provision of Sapura Esperanza, a semi-submersible tender assisted drilling rig. The contract entails drilling three wells offshore Sarawak.
In addition, Sapura Drilling has been awarded a contract extension by PETRONAS Carigali Sdn Bhd for the provision of semi-tender assisted drilling rig, Sapura Berani. The Contract comprises the drilling of two wells at the Sumandak facility, offshore Sabah.
Meanwhile, Sapura Fabrication has been awarded a contract from PETRONAS Floating LNG 1 (L) Ltd to undertake Engineering, Procurement, Construction and Commissioning (EPCC) works for the relocation and tie-in of the PFLNG Satu (PETRONAS Floating Liquefied Natural Gas), currently located in the Kumang Cluster, offshore Sarawak.
Additionally, Hess Exploration and Production Malaysia B.V. (Hess) has appointed Sapura Fabrication to perform an additional scope for offshore transportation and installation works under an existing contract for the provision of Engineering, Procurement, Construction, Commissioning plus Installation (EPCC+I) for their facilities in the north Malay Basin.Additionally, Hess Exploration and Production Malaysia B.V. (Hess) has appointed Sapura Fabrication to perform an additional scope for offshore transportation and installation works under an existing contract for the provision of Engineering, Procurement, Construction, Commissioning plus Installation (EPCC+I) for their facilities in the north Malay Basin.
About Sapura Energy Berhad
Sapura Energy Berhad is a global integrated oil and gas services and solutions provider operating across the entire upstream value chain. The Group’s spectrum of capabilities covers exploration, development, production, rejuvenation, as well as decommissioning and abandonment. With a highly-skilled and technically-capable workforce, strategic world-class assets, and strong project management capabilities, the Group today delivers its integrated solutions and expertise in over 20 countries.
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MGBF founding chairman Nordin Abdullah and UMW Toyota president Datuk Ravindran K. will delve into the convergence of automotive innovation and environmental sustainability in Penang, Sarawak, Johor and Pahang.
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In this episode of 'A Working Lunch with Nordin', MGBF's founding chairman, Nordin Abdullah, will host this discussion focusing on the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
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