Oil and gasoline providers supplier Sapura Energy has introduced two main challenge wins in South America, in addition to a drilling contract win within the Ivory Coast.
Sapura Energy stated on Thursday that the overall worth of the three contracts is RM 840 million ($203.four million), bringing the corporate’s complete wins to-date to RM 1.6 billion ($387.4M), in FY2021.
Sapura Energy has aimed to seize alternatives nonetheless accessible in addressable markets for oil and gasoline providers, deepening its presence within the quickest rising areas like South America, Africa, and the Middle East.
In South America, Sapura Energy secured the engineering, procurement, building and set up scope for the Eni Mexico S. de R. L. de C.V. Amoca Project – Offshore Block Area 1 in Mexico.
The contract entails the transportation and set up of the Amoca platform and the pipeline and subsea cable interconnecting the Amoca and Mizton platforms with the floating manufacturing storage and offloading (FPSO) unit.
The works are anticipated to be accomplished by 4Q FY2022.
In Brazil, Petrobras awarded Sapura Navegação Marítima S.A. (SNM) a twelve-month extension on the contract for the operation of pipe-laying help vessel Sapura Esmeralda.
The scope of labor contains the supply of providers and constitution for the set up and restoration of versatile pipes, by utilising Sapura Esmeralda in Brazilian waters.
The present contract is predicted to finish by April 2021 and the twelve months extension will begin instantly after the length of the unique contract of Sapura Esmeralda ends.
SNM is wholly-owned by Seabras Sapura Participações S.A., a three way partnership firm between Sapura Offshore and a subsidiary of Seadrill Limited.
Re-entry into Ivory Coast
Meanwhile, Sapura Energy marked its re-entry into Ivory Coast, as Foxtrot International LDC has awarded Sapura Drilling a contract for the supply of its tender help drilling rig Sapura Berani providers within the nation.
Sapura Energy’s drilling arm supplied comparable providers for Foxtrot International LDC’s drilling marketing campaign in Ivory Coast in 2015 to 2016.
The contract scope contains the supply of semi tender-assist drilling rig providers for 3 wells, offshore Ivory Coast, beginning in 1Q FY2022. It contains the choice of 1 nicely extension.
With this contract, Sapura Energy could have two of its rigs working within the African continent.
Its semi-submersible tender assisted drilling rig Sapura Jaya is at present working offshore Angola.
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