SAPURA ENERGY BERHAD secures RM3.2 billion in new contracts for tender assist drilling rig services
Malaysia, Feb. 26 -- SAPURA ENERGY BERHAD ("Sapura Energy" or "the Company") today announced that its drilling arm ("Sapura Drilling") have secured multiple contracts with a combined value of approximately RM3.2B (including optional period).Sapura Drilling won two (2) contracts from PTTEP Energy Development Limited ("PTTEP") for the provision of its tender assist drilling rigs ("TADR"), Sapura T-17 and Sapura T-18. Both projects will commence in Q2 FY2026, with a five-year firm period and an optional extension of three years.The team has also secured a contract extension from Cabinda Gulf Oil Company Limited ("CABGOC"), a subsidiary of Chevron, for the tender assist drilling rig Sapura Jaya. The extension, effective from November 2024, will...
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