Sapura Energy lands over $352M worth of new contracts
- Business & Finance
Malaysian oil and gas services provider Sapura Energy has been awarded contracts with a combined value of approximately RM 1.47 billion ($352.1M).
The contracts were awarded to Sapura Energy’s subsidiaries in Malaysia and Brazil and include work for Petronas, Shell, and Repsol.
Sapura Offshore (formerly known as SapuraKencana TL Offshore) has been awarded contracts to undertake the 2018 scope of work in relation to the Pan Malaysia transportation & installation of offshore facilities for Petronas Carigali and Sarawak Shell Berhad. The work comprises transportation and installation of offshore facilities including platform, structures and pipelines and its associated works. The work will be executed throughout 2018.
Furthermore, Sapura Fabrication (formerly known as SapuraKencana HL) and its partner, Borneo Seaoffshore Engineering, have been awarded a contract to undertake the provision of maintenance, construction and modification (MMC) services (Package A – Offshore) – Sarawak Gas for Petronas Carigali. The scope of work will include any or all other work and services which is generally related to topside structural maintenance, hook up and commissioning, and facilities improvement program. The contract is on a call-out basis where works will be carried out according to work orders issued by Petronas Carigali.
The duration of the contract will be for a primary period of five years expiring in September 2022 with one year extension option.
In addition, Sapura Fabrication has been awarded a contract to undertake the provision of hook-up, commissioning and offshore construction services by Repsol Oil & Gas Malaysia. The work comprises onshore preparation and handling, onshore pre-fabrication works, offshore installation and hook-up, inspection, testing and pre-commissioning of structural members and supports, piping, instrument and electrical equipment on existing and new production and processing platforms and facilities. This contract is also on a call-out basis where works will be carried out according to work orders based on agreed unit rates and prices. The contract duration is for a primary period of two years expiring in September 2019 with one year extension option.
Finally, Sapura Fabrication has been awarded a contract for the provision of mechanical works for the Flexi High Density Polyethylene (HDPE) Plant for Rapid Project – Unit 3215 by TecnimontHQC. The work consists of the provision of project management, supervision, equipment, tools and labor for the mechanical work package. The work is expected to be completed by March 2019.
Sapura Energy Do Brasil LTDA has been awarded a contract to undertake engineering, procurement and construction related to pipeline for UTE Porto de Sergipe 1 Combined Cycle Power Plant; transportation and installation of the FSRU’s mooring system; and hooking-up of the FSRU/riser/umbilical by Centrais Elétricas de Sergipe (CELSE).
The work comprises of engineering design, procurement, construction, installation and precommissioning of the pipeline, transportation and installation of the Yoke and hook-up of FSRU/risers/umbilical. The work is expected to be completed by December 31, 2018.