Sapura Energy Berhad secures $350m worth of new contracts

17 November 2017 (Last Updated November 17th, 2017 12:22)

Sapura Energy Berhad’s direct and indirect wholly owned subsidiaries have secured multiple contracts in Malaysia and Brazil with a combined value of nearly MYR1.47bn ($352m).

Sapura Energy Berhad’s direct and indirect wholly owned subsidiaries have secured multiple contracts in Malaysia and Brazil with a combined value of nearly MYR1.47bn ($352m).

In Malaysia, Sapura Offshore has been contracted for transportation and installation of offshore facilities, including platform, structures and pipelines and its associated works at Pan Malaysia Transportation & Installation of Offshore Facilities for PETRONAS Carigali and Sarawak Shell.

The work will take place throughout next year.

Another subsidiary, Sapura Fabrication, received the contract for the provision of maintenance, construction, and modification (MCM) services (Package A – offshore) to Sarawak Gas for PETRONAS Carigali (PCSB) for a period of five years with a one-year extension.

Sapura Fabrication will carry out the task with partner Borneo Seaoffshore Engineering.  The contract involves all associated work and services to topside structural maintenance, hook-up and commissioning, as well as facilities improvements.

The company has also secured another two-year contract with a one-year extension, to undertake the hook-up, commissioning and offshore construction services by Repsol Oil & Gas Malaysia.

The scope of this contract includes onshore preparation, handling, and pre-fabrication works, as well as offshore installation, hook-up, inspection, testing and pre-commissioning of structural members and supports.

Sapura Fabrication will also carry out piping, installation of electrical equipment on existing and new production and processing platforms and facilities.

In Brazil, Sapura Energy Do Brasil LTDA will carry out engineering, procurement and construction services related to pipeline for UTE Porto de Sergipe 1 Combined Cycle Power Plant, as well as transportation and installation of the FSRU’s mooring system and hooking-up of the FSRU/riser/umbilical for Centrais Elétricas de Sergipe.

Work is expected to be completed by 31 December next year.

Alongside these contracts, Sapura Energy Berhad has mechanical work agreement for a chemical plant in Malaysia.