Sapura Energy finds work for five offshore vessels

Malaysian offshore services player Sapura Energy has won several vessel contracts worth around RM100m ($22.6m) in Malaysia and Thailand.

Sapura Energy will be providing 200-pax-capacity workboats, KPV Redang and Sapura Duyong, for offshore operations in East Malaysia.

The contract for the former began in February and will last for one year, with an optional one-year extension. Meanwhile, the latter started work in March and will end its deal after eight months, with an option to extend for an additional two months.

Furthermore, another 200-pax accommodation workboat Sapura Aman has been chartered for 245 days with a 90-day extension with a Malaysian operator. The Sapura 300 accommodation vessel also won a 30-day charter.

In Thailand, the geosurvey vessel Sapura Wira has been contracted for geotechnical soil boring services at the Rossukon field in the Gulf of Thailand. The contract is expected to be completed in the coming weeks.

Last week, Sapura Energy won a contract for maintenance, construction, and modification services for offshore facilities in Peninsular Malaysia worth around $9m. In February, Sapura Energy revealed a batch of contracts worth $723m. It was also able to secure a $250m bailout from the government to repay debts to vendors in March.