Sapura Energy secures US$1.8 billion contracts from Petrobras
Published by Isabel Stagg,
Editorial Assistant
World Pipelines,
Sapura Energy has secured contracts valued at US$1.8 billion (9.13 billion reais) from Brazil's state-owned company Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs), reports GlobalData.
The Malaysia-based offshore services company said that the contracts were obtained through its joint venture (JV) companies, owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration with Paratus Energy Services.
The JVs, in which Sapura Offshore, a wholly owned subsidiary of Sapura Energy, holds a 50% equity interest, won the contracts as part of a competitive tender process.
The deal includes the full fleet of six multi-purpose PLSVs, namely Sapura Diamante, Sapura Topázio, Sapura Esmeralda, Sapura Onix, Sapura Jade and Sapura Rubi.
Spanning a period of three years, the contracts have varying mobilisation dates for each vessel, involving the provision of subsea engineering, installation and other related services in Brazilian waters.
The scope of work encompasses operations for the installation of flexible pipes, electric-hydraulic umbilical and power cables, and tasks such as loading, laying and connecting spans at a maximum water depth of 3000 m.
Last month, Sapura Energy's wholly owned subsidiary, Sapura Subsea Services, secured a contract from Thai oil company PTTEP's subsidiaries in Malaysia.
The five year contract, which is effective from February 2024, involves subsea services for PTTEP Sabah Oil's deepwater Package B1 and PTTEP Sarawak Oil's Package C1 – Sarawak.
The contracts follow Sapura Energy's agreement with French oil and gas company TotalEnergies to sell its stake in gas producer SapuraOMV.
Read the latest issue of World Pipelines magazine for pipeline news, project stories, industry insight and technical articles.
World Pipelines’ May 2024 issue
The May 2024 issue of World Pipelines features our annual focus on pipelines in extreme environments (hear from Michels, Vacuworx, and RMI). The keynote section on pipelines and the environment covers methane emissions, new CO2 transport options, and technologies for environmentally friendly delivery of energy. Also in this issue: the trials of a new inline inspection tool (STATS Group), and is DCVG inspection obsolete, asks EMPIT GmbH?
Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/09052024/sapura-energy-secures-us18-billion-contracts-from-petrobras/
You might also like
DORIS, ROSEN and SPIECAPAG announce the Pipeline Transition Alliance
DORIS, ROSEN and SPIECAPAG announce the Pipeline Transition Alliance, providing full services capability to re-purpose natural gas infrastructure to hydrogen service.