Sapura Energy has secured contracts valued at $1.8bn (9.13bn reais) from Brazil’s state-owned company Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs).

The Malaysia-based offshore services company said that the contracts were obtained through its joint venture (JV) companies, owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration with Paratus Energy Services.

The JVs, in which Sapura Offshore, a wholly owned subsidiary of Sapura Energy, holds a 50% equity interest, won the contracts as part of a competitive tender process.

The deal includes the full fleet of six multi-purpose PLSVs, namely Sapura Diamante, Sapura Topázio, Sapura Esmeralda, Sapura Onix, Sapura Jade and Sapura Rubi.

Spanning a period of three years, the contracts have varying mobilisation dates for each vessel, involving the provision of subsea engineering, installation and other related services in Brazilian waters.

The scope of work encompasses operations for the installation of flexible pipes, electric-hydraulic umbilical and power cables, and tasks such as loading, laying and connecting spans at a maximum water depth of 3,000m.

Last month, Sapura Energy’s wholly owned subsidiary, Sapura Subsea Services, secured a contract from Thai oil company PTTEP’s subsidiaries in Malaysia.

The five-year contract, which is effective from February 2024, involves subsea services for PTTEP Sabah Oil’s deepwater Package B1 and PTTEP Sarawak Oil’s Package C1 – Sarawak.

The contracts follow Sapura Energy’s agreement with French oil and gas company TotalEnergies to sell its stake in gas producer SapuraOMV.

“Sapura Energy secures $1.8bn contracts from Petrobras ” was originally created and published by Offshore Technology, a GlobalData owned brand.

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