Sapura Energy wins contracts worth RM1.8 billion

PETALING JAYA: Sapura Energy Bhd has secured nine new contracts valued at RM1.8 billion, bringing the accumulative value in contract wins to date to RM4.5 billion for the group.
The combined value represents a three fold jump compared with the value achieved in the same corresponding period of the previous year, between February to June 2017.
Through its wholly owned subsidiaries, the group will be executing a series of diverse jobs across the upstream value chain in Malaysia, Australia, India and Mexico.
In Malaysia, Sapura Drilling Asia Sdn Bhd has been awarded a contract for the provision of its semi-submersible self-erecting tender assist drilling rig Sapura Berani and drilling services from Petronas Carigali Sdn Bhd for three wells in Malaysian waters.
Sapura Drilling Asia also accepted an extension of its contract with Sarawak Shell Bhd/Sabah Shell Petroleum Company Ltd for the provision of its semi-tender assist drilling rig Sapura Esperanza.
Sapura Fabrication Sdn Bhd has been awarded a contract by its wholly owned subsidiary, Sapura Exploration and Production (Sarawak) Inc for the provision of engineering, procurement and construction (EPC) for SK408 Larak and Bakong Development Project.
Sapura Fabrication has also been awarded a contract by Sarawak Shell for the provision of EPC for SK408E Gorek Development and F6 Brownfield Integrated Module Project.
In Australia, Sapura Energy Australia Pty Ltd won an award to undertake the provision of Riserless Light Well Intervention services for three wells located in the Montara development area, Timor Sea from PTTEP Australasia (Ashmore Cartier) Pty Ltd.
Meanwhile, Sapura Fabrication will undertake Subsea Wells and Pipeline Replacement Project V for Oil and Natural Gas Corp Ltd in India.
In addition, Sapura Offshore Sdn Bhd has secured a lump sum turn key Engineering, Procurement, Construction, Installation and Commissioning contract from Sikka Ports & Terminals Ltd in India.
In Mexico, SapuraKencana Mexicana, SAPI de CV has been awarded a contract to undertake engineering, procurement and construction of a gas oil pipeline from PP-Ayatsil-B platform to E-KU-A1 platform (line 16) in the Gulf of Mexico for Pemex Exploration and Production Mexico.