Sapura Energy wins contracts worth US$1.8b from Brazil’s Petrobras

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As race for KKB tightens, PAS sec-gen warns members of disciplinary action as it is ‘haram’ if they don’t vote Sapura Energy Bhd’s wholly-owned subsidiary, Sapura Offshore Sdn Bhd, has been awarded contracts valued at US$1.8 billion from Petroleo Brasileiro SA for the provision of services and charter of six pipe-laying support vessels. ― Reuters picKUALA LUMPUR, May 7 — Sapura Energy Bhd’s wholly-owned subsidiary, Sapura Offshore Sdn Bhd, has been awarded contracts valued at US$1.8 billion from Petroleo Brasileiro SA for the provision of services and charter of six pipe-laying support vessels .

“The PLSVs shall perform all operations required for the installation of flexible pipes, electric-hydraulic umbilical and power cables, new or used, such as loading, unloading, laying, connection between spans, vertical connection on submarine equipment, installation of submarine equipment and hydrostatic test, in a maximum water depth of 3000 metres,” it said.

Sapura Energy added that these contracts are expected to contribute positively to the earnings of their group for the financial year ending January 31, 2025, and the subsequent years. — Bernama

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