Sapura Energy bags nearly $180 million in new deals
- Business & Finance
Sapura Energy has been awarded several new contracts for its Engineering and Construction (E&C) division, with a combined value of approximately RM766 million ($179.7 million).
According to its update on Wednesday, in Brunei, Sapura Offshore was awarded a contract for the PRP7 pipeline replacement project by Shell.
The contract scope of work comprises the replacement of the 16-inch 9.4km pipeline PID1494 including topside modification, and riser and pipeline demolition, as well as an optional scope of the replacement of the 6-inch one-kilometre pipeline PID2008 including topside modification, and riser and pipeline demolition.
The works are expected to be completed by 1Q FY2022.
In Singapore, Sapura Offshore Sdn Bhd Singapore Branch, together with its consortium partner Dredging International Asia Pacific, has been awarded the engineering, procurement, construction and installation contract for the single buoy mooring (SBM) Pipeline Rejuvenation Phase II Project by Shell.
The contract scope of work comprises pre-emptive repair of the nearshore pipeline section, rejuvenate the SBM system and optional removal of existing pipeline to ensure fitness for service of the crude offloading system to Bukom Refinery in Singapore.
The contract is expected to be completed by 3Q FY2023.
Meanwhile, Sapura Energy (Thailand) Limited has received an award from Chevron for its asset retirement offshore removal campaign in Thailand.
The contract scope of work consists of project management, engineering, procurement, offshore heavy lifting vessel and transportation spread to decommission seven offshore jackets, wet tow and reef jacket at a reef site.
The offshore campaign is expected to start within FY2021.
Back in Malaysia, its home-base, Sapura Energy continues to be a trusted partner under the Umbrella Contract for Pan Malaysia Transportation & Installation of Offshore Facilities (2017-2020) when Sapura Offshore Sdn Bhd received an award from Hess pursuant to the umbrella contract.
The contract scope of work comprises the provision of project management, installation engineering, transportation and installation of five modules at Bergading Central Processing Platform.
The works are expected to be completed by 4Q FY2021.
Sapura Offshore also received an award for the provision of engineering, procurement, construction and installation (EPCI) services for the Additional Andalas Pipeline Project Phase 4 Development in the adjacent Malaysia Thailand Joint Development Area (MTJDA), from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC).
The contract scope of work includes engineering, procurement, construction, installation and pre-commissioning of a 20-inch 29-kilometre subsea pipeline, including riser and riser guard installations.
The contract was effective on 30 April 2020 and the works are scheduled to be completed within 15 months.