Sapura Energy Wins New Contracts Worth Over $400MM
Sapura Energy Berhad announced Wednesday that it has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately $418 million (RM 1.75 billion).
Among the latest wins is a contract from Hokchi Energy S.A. de C.V. for Sapura Energy’s wholly-owned subsidiary in Mexico to undertake offshore engineering, procurement, transportation, installation and pre-commissioning and commissioning works in the Hokchi Field Development in the Gulf of Mexico.
The scope of work for this contract will include fabrication and installation of a central wellhead platform and a satellite platform that will be connected to Hokchi Paraiso, an onshore processing facility.
“The new contract wins reflect Sapura Energy’s continued successes in deepening its penetration into existing core markets and expanding into new markets. The company has established a global infrastructure that would enable it to manage and execute work around the world,” Sapura Energy said in a company statement posted on its website on Wednesday.
Earlier this month, Sapura Energy revealed that it had signed an agreement with OMV to form a strategic partnership.
Sapura Energy describes itself on its website as a leading global integrated oil and gas services and solutions provider. The company has a multinational workforce comprising over 7,500 employees, according to its website.
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