Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Wednesday, April 16, 2025

Malaysia-based offshore services firm Sapura Energy, through its Offshore Support Vessel & Geosciences business, has secured multiple vessel contracts in Malaysia and Thailand, worth around $22.6 million.

The newly secured contract will keep Sapura Energy’s accommodation workboats and geosurvey vessels engaged for an extended period during the financial year 2026.

The contracts include the chartering of two 200-pax-capacity workboats, KPV Redang and Sapura Duyong, to support offshore operations in East Malaysia.

The contract for KPV Redang started in February for a duration of one year, with an optional one-year extension. Meanwhile, the contract for Sapura Duyong began in March and runs for eight months, with an option to extend for an additional two months.

Separately, the Sapura Energy’s 200-pax accommodation workboat, Sapura Aman, secured a 245-day charter with an option for a further 90-day extension with a Malaysian operator.

Additionally, Sapura Energy’s subsidiary, Sapura Offshore, has engaged the OSV’s 300-pax accommodation workboat, Sapura 300, for a duration of 30 days.

Both vessels will provide accommodation services for offshore crews in Malaysia.

In Thailand, Sapura Energy has been contracted to provide geotechnical soil boring services using Sapura Wira to support drilling at the Rossukon field in the Gulf of Thailand.

The contract, secured following the successful completion of another project in Thailand, is expected to be completed in the coming weeks.

“These contract awards are a testament to our clients' trust in Sapura Energy’s capability to deliver reliable offshore support services. In FY25, we achieved 99% uptime for all our offshore support vessels and maintained an impeccable safety record, with zero Recordable and zero Lost Time Incidents (LTIs).

“Many of our vessels have upheld a zero LTI record for years—KPV Redang, for example, has been operating safely for 16 years without a single incident. These achievements reflect our unwavering commitment to operational excellence and safety, and we are determined to sustain this track record,” said Nasri Mehat, Chief Executive Officer of the Operations and Maintenance division at Sapura Energy.

Categories: Offshore Vessels Industry News Activity Asia Oil and Gas Offshore Support Vessels

Related Stories

Woodside to Shed Some Trinidad and Tobago Assets for $206M

Cairn India Might Invest in US Oil Servicing Firms to Increase Production

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

Tokyo Gas Enters LNG Market in Philippines

Malaysia's Petronas Plans Job Cuts

Japan's Mitsui Eyes Alaska LNG Project

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

US Operator Finds Oil Offshore Vietnam

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Current News

Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Petrovietnam, Petronas Extend PSC for Offshore Block

Sapura Energy Scoops Close to $9M for O&M Work off Malaysia

Hanwha Ocean Marks Entry into Deepwater Drilling Market with First Drillship

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