Malaysia's Sapura Energy bags over $110m in new contracts in Thailand

Malaysia's Sapura Energy (SEB) has won two contracts from its long-term clients in Thailand, with a combined value exceeding MYR500 million (US$110 million).

The contracts were awarded to SEB's wholly owned subsidiary Sapura Energy (Thailand), for an installation and removal campaign; and subsea inspection, repair and maintenance (IRM) services.

The installation and removal contract, awarded by Chevron Thailand Exploration and Production and Chevron Offshore (Thailand), is expected to be completed by the end of calendar year 2026.

The offshore installation and removal campaign will be executed by the group’s engineering and construction team.

Meanwhile, the service orders for the group’s subsea IRM services were awarded by PTTEP. The scope of work comprises saturation diving operations for facilities in the G1/61 and G2/61 projects.

These operations will be executed by the group’s operations and maintenance business segment, using SEB’s dedicated subsea construction vessel Sapura Constructor equipped with accommodation for 120 personnel and support facilities for up to 15 divers.

The works for subsea IRM already commenced in the second quarter of calendar year 2025.