PETALING JAYA: Sapura Energy Bhd
’s drilling arm, Sapura Drilling, has secured multiple contracts with a combined value of approximately RM3.2bil.
In a statement, the group said Sapura Drilling had won two contracts from PTTEP Energy Development Ltd for the provision of its tender assist drilling rigs, Sapura T-17 and Sapura T-18.
“Both projects will commence in the second quarter of the financial year 2026 (FY26), with a five-year firm period and an optional extension of three years.
“The team has also secured a contract extension from Cabinda Gulf Oil Co Ltd, a subsidiary of Chevron, for the tender to assist drilling rig Sapura Jaya.”
The extension, effective from November 2024, will continue for one year, concluding in November 2025.
Additionally, Sapura Drilling was also awarded a contract from ExxonMobil Exploration and Production Malaysia Inc for services of the Sapura Berani drilling rig.
“The project, starting in the first quarter (1Q) of FY26, involves development drilling for a period of 30 months. Another contract has been secured from EnQuest Petroleum Production Malaysia Ltd for services by the Sapura Esperanza rig for drilling activities.
“This contract commencing in 1QFY26, covers the drilling of four development wells, offshore Malaysia.”
