Malaysia's Sapura Wins Contracts Worth $185mn

Malaysia’s Sapura Energy has won contracts worth ringgit 760mn ($185mn), lifting the value of contract wins to ringgit 9.3bn in the current financial year that ends January 31, 2019, it said January 7.

"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 said. 

Sapura Drilling has been awarded a contract in Angola by Cabinda Gulf Oil Company, 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.

Sapura Drilling has also accepted an extension of its contract with Sarawak Shell and Sabah Shell Petroleum Company for the provision of Sapura Esperanza, a semi-submersible tender assisted drilling rig. The contract entails drilling three wells offshore Sarawak, Sapura said.

In addition, Sapura Drilling has been awarded a contract extension by Petronas for the provision of semi-tender assisted drilling rig, Sapura Berani. The contract comprises two wells at the Sumandak facility, offshore Sabah.

Meanwhile, Sapura Fabrication has been awarded a contract from Petronas Floating LNG 1 to undertake engineering, procurement, construction and commissioning works for the relocation and tie-in of the PFLNG Satu, which is now in the Kumang Cluster, offshore Sarawak.

Additionally, Hess Exploration and Production Malaysia 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 for their facilities in the north Malay Basin.