Malaysian services and energy company Sapura Energy said it has received new work orders worth 1.2 billion ringgit (US$284 million) in engineering and construction, operations and maintenance, and offshore drilling services.
All the work is in Malaysia, with the sole exception of a drilling contract in Thailand where PTTEP hired the tender assist drilling rig Sapura T-17 for three years starting in October or November 2021, while PTTEP also awarded an extension for the TAD rig Sapura T-18 for four months from June 2021.
In Malaysia, PTTEP awarded Sapura's engineering and construction division a transport and install contract for the Pemanis wellhead platform topsides, while Enquest awarded a contract to replace the 10-inch Seligi-AC to Seligi-B gas-lift subsea pipeline and risers.
In operations and maintenance, Enquest hired Sapura for maintenance, construction and modification services on the PM8 and Seligi fields; while Shell contracted Sapura for topside major maintenance services for various offshore Sabah and Sarawak.
In drilling, Petronas Carigali awarded a two-year contract for one of Sapura's TADs plus a two-year extension option; Petronas also signed up the TAD Sapura Esperanza for six offshore wells starting in the third quarter of calendar year 2021.
The Sapura Esperanza contract is an Integrated Rig, Drilling, and Completion (i-RDC) offering in partnership with Halliburton which Sapura said is the first of its kind in Malaysia for an offshore drilling campaign.
Sapura said in its latest quarterly financial results that its orderbook stood at 11.8 billion ringgit at the end of the June 2021, the end of the first quarter of the 2022 financial year.
"Sapura Energy’s total bids and prospects is currently valued at 147 billion ringgit, with 51 billion ringgit worth of tenders already submitted or in progress. These include six active bids in the renewables sector, across Asia Pacific," the company said.