SASB Wins Charter Contract of ‘Sapura 3000’ in GoM

SASB Wins Charter Contract of 'Sapura 3000' in GoM

SapuraKencana Petroleum Berhad announced that SapuraAcergy Sdn Bhd (“SASB”) has been awarded a contract for the charter of a vessel, Sapura 3000, to Construcciones Maritimas Mexicanas S.A. de C.V.

SASB is a joint-venture company equally owned by SapuraKencana and Subsea 7 S.A.

The Award comprises provision of Sapura 3000 to undertake heavy lifts in the Gulf of Mexico region. The charter commenced on 18 August 2012 for a duration of 125 days.

The Award, which is valued at approximately USD45.0 million, is expected to contribute positively towards the earnings and net assets per share of SapuraKencana Group for the financial year ending 31 January 2013.

SapuraKencana Group has built a wealth of expertise to undertake such projects and has measures put in place to ensure that the vessel and equipment are fully functioning and well maintained.

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Source: SapuraKencana, September 11, 2012