Proserv and SapuraKencana Join Forces in Asia Pacific
Proserv and SapuraKencana Petroleum Berhad’s wholly-owned subsidiary, SapuraKencana Technology Sdn Bhd (SK Technology) are joining forces to provide enhanced technology services to clients in Asia Pacific. The companies will jointly provide a range of services across the drilling, production and decommissioning market sectors with a strong focus on subsea production and subsea maintenance services. The partnership will leverage on mutual strengths - Proserv’s suite of advanced subsea production equipment and controls and SK Technology’s technical support, resources
SapuraKencana Bags Contracts of RM 1.34 bln
SapuraKencana Petroleum Berhad’s wholly-owned subsidiaries have been awarded contracts with a combined value of approximately USD 300 million (approximately RM 1.34 billion, based on USD/MYR exchange rate of USD1: RM4.47). Details of each of the contracts are as follows: ENGINEERING AND CONSTRUCTION Award of Provision of Underwater Services by PETRONAS Carigali Sdn. Bhd. SapuraKencana Subsea Services Sdn. Bhd. (“SKSS”) has been awarded a contract for the provision of underwater services for PETRONAS Carigali Sdn. Bhd. (“PCSB”). The scope of work consists of
SapuraKencana makes another Gas Find Offshore Malaysia
LNG facilities at Bintulu, Sarawak. “The 2015 drilling campaign for SK408 has been executed within budget and completed safely by the SKE team with exceptional results,” said Tan Sri Dato’ Seri Shahril Shamsuddin, President & Group Chief Executive Officer of SapuraKencana Petroleum Berhad. SKE is the exploration operator with a (40%) working interest with partners PETRONAS Carigali Sdn. Bhd. (30%) and Sarawak Shell Bhd. (30%) holding the remaining interest
SapuraKencana GE Oil & Gas Services Bags PETRONAS FLNG Contract
;s presence in global markets. “What we have today is a Malaysia-based repair and maintenance centre that is one of the most cost-competitive within the entire GE Oil & Gas repair network,” said Tan Sri Shahril Shamsuddin, President and Group Chief Executive Officer, SapuraKencana Petroleum Berhad. “The success of the centre bears testimony to the local talent we have trained and who will over time become experts and leaders in delivering FLNG solutions. Looking ahead, we strive to achieve top operational performance while continuing to keep our costs down. We will continue
Sapurakencana Wins 3 Petronas Oil blocks
SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million. The economic effective date of the transaction is January 1, 2014 and SapuraKencana is entitled to net revenues from these Blocks from that date. The closing of the transaction is subject to customary condition precedents including the approval of relevant government authorities. SapuraKencana was selected as
Offshore Brazil PLSV's: Huge Petrobas Contract for SNM
Seadrill & SapuraKencana Petroleum Berhad joint entity Sapura Navegação Marítima S.A., Brazil (SNM) awarded US$2.7-billion Petrobas contract to charter & operated 3 newbuild Pipe Laying Support Vessels (PLSV's). The contract is for a period of eight years with an extension option for an additional eight years and is expected to commence by the second quarter of 2016. Total revenue potential for the contract is expected to be US$2.7 billion. The three vessels will be constructed in Holland with IHC Caland and will have the same specifications as SNM's existing
February 2025
