Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

Monday, April 29, 2024

Malaysia-based offshore services firm Sapura Energy, through its wholly-owned subsidiary Sapura Subsea Services, has secured a contract to provide subsea services for Thai oil company PTTEP’s subsidiaries in Malaysia.

The contract, effective from February 21, 2024 for a period of five years, have been awarded to Sapura by PTTEP Sabah Oil Limited for deepwater Package B1, and PTTEP Sarawak Oil Limited for Package C1 – Sarawak.

Under the call-out contracts with agreed unit rates, Sapura’s scope of work comprises of the provision of diving support vessel, air and saturation diving systems, remotely operated vehicle (ROV) and other related subsea services.

These include subsea inspection, repair and maintenance of offshore structures, pipelines and other equipment, abandonment, intervention, subsea decommissioning and other works related to the PTTEP Sabah and PTTEP Sarawak subsea facilities in Sabah and Sarawak waters.

In December 2023, PTTEP reported that its subsidiaries PTTEP HK Offshore Limited and PTTEP Sarawak Oil Limited made new oil and gas discoveries in three fields offshore Sarawak, Malaysia, including Chenda-1 exploration well in the block SK405B, Bangsawan-1 and Babadon-1 exploration wells in the block SK438.

PTTEP’s portfolio in Malaysia consists of Block SK405B, SK438, SK314A, SK417, PM407, SB412 and SK325 all of which are in the exploration phase.

Lang Lebah and Paprika gas fields in Block SK410B are under development phase. Block K, SK309, SK311, Block H and the Malaysia–Thailand Joint Development Area (MTJDA) are in the production phase.


Categories: Vessels Offshore Energy Subsea Industry News Activity Asia Decommissioning Inspection & Repair & Maintenance ROV Oil and Gas

Related Stories

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Qatari LNG Carriers Re-Enter Hormuz as Traffic Through Strait Slumps

Oil Edges Higher as Uncertainty Clouds US-Iran Truce

Japan’s Shipping Industry Awaits Clarifications on Hormuz Reopening

BP Launches Gas Production at Azerbaijan’s Giant ACG Field

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Current News

TotalEnergies Sells Malaysia Offshore Gas Field Stake to Inpex

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Oil Hits Four-Month Low After US-Iran Doha Talks

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Oil Holds Steady After US, Iran Agree to Cease Attacks

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com