Sapura Energy Secures Subsea Services Contract with PTTEP in Malaysia
Malaysia-based offshore services firm Sapura Energy 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, was awarded to Sapura by PTTEP Sabah Oil Limited for deepwater Package B1, and PTTEP Sarawak Oil Limited for Package C1 – Sarawak.
Offshore oil rig
Under the call-out contracts with agreed unit rates, Sapura’s scope of work comprises 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.
“The contract is a significant milestone for Sapura Energy, demonstrating our capabilities and expertise in providing subsea services to major oil and gas operators in the region.” - Sapura Energy spokesperson
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.
Oil rig workers
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.
The contract with Sapura Energy is a significant step forward for PTTEP’s operations in Malaysia, and demonstrates the company’s commitment to exploring and developing oil and gas resources in the region.
Offshore oil platform
With this contract, Sapura Energy reinforces its position as a leading provider of subsea services in the region, and demonstrates its capabilities in supporting major oil and gas operators in their exploration and production activities.
