Malaysian offshore services player Sapura Energy has won multiple contracts worth RM3.2bn ($723m) for its drilling business.
The company said in a filing with Bursa Malaysia that Sapura Drilling had won two contracts from PTTEP for the barge-type tender assist drilling rigs, Sapura T-17 and Sapura T-18. The contracts are for five years and an optional extension of three years.
The drilling unit has also secured a contract extension from Chevron subsidiary Cabinda Gulf Oil for the 2011-built tender assist rig Sapura Jaya until November 2025.
In addition, the 2006-built semisub Sapura Berani has been fixed to ExxonMobil for 30 months, while EnQuest secured the 2013-built Sapura Esperanza (pictured) for four development wells offshore Malaysia.
Sapura Drilling is Southeast Asia top contractor in this segment by rig count and market share with a fleet of five semi-tender and six tender barge rigs.
The latest contract wins, including options, have bolstered the group’s orderbook to RM8.7bn while the orderbook held by its joint ventures stood at RM5.7bn.
In addition to the drilling contracts, Sapura Energy’s engineering and construction segment has also secured several projects, including a pipeline installation in Brazil and a decommissioning project in Australia.
