Sapura Energy Berhad News

 

McDermott Completes Pan Malaysia Offshore Projects

Jun 08, 2020

Offshore construction and installation company McDermott has said it has completed the Pan Malaysia Transportation and Installation Projects for Sarawak Shell Berhad and SapuraOMV, located offshore Miri, Sarawak.Awarded in November 2018, the…

SapuraEnergy Nets $179,6M in New Deals Across SE Asia

Jun 03, 2020

Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…

Sapura OMV Taps Alam Maritim for Subsea Services

May 05, 2020

Malaysia's offshore vessel provider Alam Maritim has won a contract with Sapura OMV Upstream.Alam Maritim said Monday that the contract awarded by the oil and gas company was for the provision of underwater services.The value of the contract is around RM6…

Sapura Energy CEO: Delays are Inevitable

Apr 30, 2020

Malaysia's largest oil and gas services company Sapura Energy said on Thursday it expects a delay in projects due to the historic rout in oil prices and as widespread coronavirus shutdowns hit demand.'Delays are inevitable,' Chief Executive Shahril Shamsuddin said in an earnings conference call…

Sapura Installs Hokchi Satellite Platform in Mexico

Mar 13, 2020

Malaysia’s Sapura Energy has completed the installation of a satellite platform topside offshore Mexico, as part of Hokchi Energy's Hokchi field development.In a post on social media on Friday, Sapura Energy said it successfully lifted and set down the Hokchi Satellite Platform topside…

Malaysia: Uzma in Offshore P&A Gig with Shell

Mar 04, 2020

Malaysian energy services firm Uzma has a contract with Shell for plugging and abandonment work offshore Malaysia.Under the letter of award signed with Shell's subsidiaries in Malaysia, Uzma will provide platform wells plug and abandonment campaign…

Petronas Posts Lower Profit, Warns of Market Volatility

Feb 26, 2020

Malaysian state oil firm Petronas said on Wednesday its fourth-quarter profit slumped 71%, hurt by impairment costs and lower prices of major products.Petronas said profit after tax for the October-December period fell to 4.1 billion ringgit ($968…

Ghana Expects Aker Energy's FID on Pecan 'Within 1-2 Months'

Feb 25, 2020

Ghana expects Norway's Aker Energy to make a final investment decision in the near future regarding the West African country's planned Pecan oilfield development, Ghana's President Nana Akufo-Addo said on Monday.The government has been frustrated…

Carimin's Accommodation Workboat for Petronas Carigali

Feb 10, 2020

Malaysia's Petronas Carigali has signed a long-term charter deal with Carimin Marine Services for the provision of an accommodation workboat.Carimin said that Monday that the contract, signed January 21, would keep the offshore accommodation unit busy for almost two years (716 days…

First Gas Flows From SapuraOMV's SK408 Block

Jan 13, 2020

SapuraOMV, an E&P joint venture between Malaysia's Sapura and Austrian OMV, has started the first production from SK408 block, off Malaysia, bringing online the Larak gas field. The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014…

Sapura Esperanza Extended in Malaysia

Jan 03, 2020

Oil and gas services firm Sapura Energy said it has been awarded a contract extension by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited, for the provision of a semi-submersible tender assist drilling rig, Sapura Esperanza.The contract…

Sapura Energy Secures New Order

Dec 05, 2019

Malaysian oil and gas services firm Sapura Energy has secured several new contracts and contract extensions for its engineering and construction (E&C) as well as drilling segments.The contracts, valued at approximately RM615 million (USD 148 million)…

Sapura Orders Osbit System for Yunlin OWP

Nov 21, 2019

UK offshore equipment supplier has been awarded a contract to design and build an offshore wind turbine pile gripper system, by Malaysian-based global energy services provider Sapura Energy.The pile gripper will initially be used to support the development of WPD’s Yunlin offshore wind farm…

Southeast Asia Bullish on OFS Market

Nov 11, 2019

Offshore project sanctions in Southeast Asia could lift greenfield investments in the oilfield services market by nearly 70 percent in 2020, said Rystad Energy.According to Norwegian energy research firm, the growth will be driven by a handful of new mega-projects across Malaysia…

Sapura Energy Reports Asia Contracts

Sep 27, 2019

Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…

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