RM1.2bil contracts for Sapura Energy

Group gets new jobs and extensions in Malaysia, Thailand

PETALING JAYA: Sapura Energy Bhd has secured several new contract wins and extensions for jobs in Malaysia and Thailand, totalling RM1.2bil.

In a statement yesterday, the global integrated energy solutions provider said the contracts were for its engineering and construction (E&C), operations and maintenance (O&M) and drilling segments, which will continue to sustain its momentum of job wins in the second quarter of its financial year ending Jan 31, 2022.

Through its subsidiary Sapura Offshore Sdn Bhd, Sapura Energy said it had secured contracts from PTTEP Sarawak Oil Ltd and EnQuest Petroleum Production Malaysia Ltd under the Pan Malaysia Transportation and Installation of Offshore Facilities 2021 campaign.

These contracts are exclusively for Sapura Energy’s E&C segment.

“The scope of work from PTTEP includes transportation and installation, engineering, survey, interfacing, topside installation and handover, removal of temporary structures and other optional works.

“The contract duration is for eight months, effective Feb 2, 2021. The contract award from EnQuest is for the replacement of a 10-inch gas lift subsea pipeline and risers.”

Sapura Energy said the scope of work includes engineering, transportation, installation of risers, subsea tie-ins and pre-commissioning of the pipelines.

“Scheduled for five months, the work is expected to be completed by the fourth quarter of 2021.”

For its O&M segment, Sapura Energy said its subsidiary Sapura Fabrication Sdn Bhd had secured contracts from EnQuest, as well as Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Co Ltd (SSPC).

“The contract awarded by EnQuest is for the provision of maintenance, construction and modification for its PM8 extension production-sharing contract.”

Sapura Energy said the contract scope of work comprises project management, fabrication, offshore maintenance, construction and modification works.

“The contract duration is for one year, effective March 14, 2021. During this period, EnQuest may issue work orders on a call-off basis for actual work execution.”

Sapura Energy said the award from SSB and SSPC is for the provision of topside major maintenance services works in various projects located offshore Sabah and Sarawak.

“The contract is effective from April 29, 2021 until Aug 19, 2023.

“During this period, SSB and SSPC may issue work orders on a call-off basis for actual work execution,” it said.

As for its drilling segment, Sapura Energy said Sapura Drilling Asia Sdn Bhd had been awarded two contracts from Petronas Carigali Sdn Bhd for its drilling activities offshore Malaysia.

“The award of the first contract is for the provision of tender-assist drilling rig services for a duration of two years with an option of a two-year extension, commencing April 26, 2021 to April 25, 2023.

“The contract is based on a call-out basis, subject to rig availability and suitability with the client’s requirement,” it added.

For the second award, Sapura Energy, leveraging on its drilling engineering capabilities within Sapura Drilling, SapuraOMV and in partnership with Halliburton, secured an integrated rig, drilling and completion (i-RDC) services contract for six wells offshore Malaysia.

“Driven by innovation and collaboration, the awarded i-RDC services contract is the first of its kind in Malaysia for an offshore drilling campaign.”

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