Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

Tuesday, May 7, 2024

Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs).

Sapura Energy has through the joint ventures owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration with Paratus Energy Services, secured contracts for its full fleet of six multi-purpose PLSVs as part of a competitive tender process run by Petrobras.

Sapura Energy, through its wholly owned subsidiary Sapura Offshore holds 50% equity interests in these joint venture companies.

Under the contracts, six vessels have been chartered, including Sapura Diamante, Sapura Topázio, Sapura Esmeralda, Sapura Onix, Sapura Jade and Sapura Rubi.

The contracts are for three-year term, commencing on different mobilization dates according to each of the PLSVs, with the longest dated contract going through 2028, Sapura Energy informed.

The scope of work includes the provision of subsea engineering, installation and other services, by utilizing the PLSVs in the Brazilian waters.

The PLSVs shall perform all operations required to the installation of flexible pipes, electric-hydraulic umbilical and power cables, new or used.

The operations cover 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 meters.

Categories: Offshore Vessels Pipelines Industry News Activity South America Asia Pipelay Vessel Oil and Gas

Related Stories

MDL Secures Cable Laying Job in Asia Pacific

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

Fugro Expands Geotechnical Testing Capabilities in Indonesia

ABL Lands Work on BP’s Indonesian Gas and CCUS Project

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Current News

MDL Secures Cable Laying Job in Asia Pacific

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Yinson Production Nets DNV Approval for New FPSO Hull Design

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Brownfield Output Decline Accelerates, says IEA

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

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