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Sapura Energy from Malaysia Won RM 615 Million (~ US $ 147 Million) in Contracts in the Engineering and Construction (E&C) Sectors, as Well as in the Drilling Segments of Its Business
In Brazil, Petrobras Granted Sapura Navegação Marítima S.A. a Contract Extension to Charter and Operate Sapura Topazio, a Dynamic Positioning (DP) 2 Pipelay Vessel. Sapura Stated That the Petrobras Contract is Due to the Successful Completion of a Five-Year Charter with Petrobras, Where the Deepwater Pipelay Vessel Achieved 98% Uptime Over the Five-Year Period. The Malaysian Company Did Not Provide Details on the Terms of the Extension.
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The U.S. Oil Company Hess Granted Sapura Fabrication a Contract to Design, Construct, Deliver, and Install Offshore Facilities for Phase 3 of the Full Field Development (FFD), a Project in Northern Malaysia’s Basin. Sapura Fabrication Also Undertook Work on the FFD Phase 1 and FFD Phase 2 Facilities for Hess.
Abroad in Mozambique, Sapura Energy Will Be Undertaking Its First Deepwater Project in Area 4, Rovuma Basin. The Contract, Granted by Moçambique Rovuma Venture S.p.A., is for the Provision of a Subsea Installation Vessel for the Transport and Installation of Christmas Trees.
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In the Drilling Segment, Sapura Drilling Asia Received a Contract Extension for the Provision of Its Semi-Submersible Drilling Rig, Sapura Esperanza, by Shell. The Contract, Involving the Drilling of Six Wells for Phase 2 Drilling Campaign of Malikai, Off the Coast of Sabah, is Set to Commence in Q3 of FY21.
The Contracts, Valued at Approximately RM615 Million (~ US $ 147 Million), Bring the Total Order Book for the Year to RM15.1 Billion (US $ 3.6 Billion)
