Sapura Energy wins RM1 bil contracts in Malaysia, Thailand, Taiwan, Australia

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It narrows its net loss to RM109.10 million in 1Q19 from RM135.73 million in 1Q18. FMTNews SapuraEnergy

KUALA LUMPUR: Sapura Energy Bhd has secured 10 new contracts for its engineering and construction and drilling segments worth RM1 billion across Malaysia, Thailand, Taiwan and Australia, including Sapura Energy’s first offshore wind farm contract.

The scope consists of transportation and installation of substructures for offshore wind turbines at the Yunlin Offshore Wind Farm in Taiwan. For its drilling segment, Sapura Drilling Asia Sdn Bhd has won a contract from Sarawak Shell Bhd and Sabah Shell Petroleum Company Ltd for the provision of its semi tender-assisted drilling rig, Sapura Esperanza.

The contract covers drilling rig services for four wells at the West Lutong Field, with extension options of one-plus-one well.

 

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