AF Offshore Decom teams up with Sapura in APAC entry
Sapura Energy and Norway’s AF Offshore Decom have launched a new decommissioning venture, Kitar Solutions.
Sapura Energy
Total strikes for OMV’s Malaysian unit in $900mn move
“This agreement streamlines our Energy portfolio and is in line with the OMV Strategy 2030 of reducing oil and gas production over time,” said OMV CEO Alfred Stern.
Sapura share price slides as Taiwan offshore wind fight escalates
In February 2022, it said it was terminating the contract. Sapura complained that it had been misled about the state of the soil at the Yunlin offshore wind farm site.
Sapura Energy moves into court meeting over debt plans
The aim is to move the company into a more sustainable financial position and get it off the list of companies in financial distress, known as Practice Note 17.
Shell terminates another Sapura Energy contract
Shell reduced the scope of the contract “for cause” in March this year, alleging breaches of contract by Sapura Offshore.
Sapura Energy heads off creditors for now, signs 10 contracts
Sapura Energy has also said its proposed restructuring would include a “white knight” investing 1.8 billion ringgits ($390mn) in the business.
Chevron’s Thailand decommissioning campaign in limbo
Chevron is responsible for decommissioning dozens of platforms at the giant Erawan Block, which it will hand over to Thai national oil company PTT Exploration & Production (PTTEP) in April 2022, when its concessionary contract expires. However, delays in official government approvals leaves key decommissioning contracts stalled for now.
Sapura Energy wins FEED for Dorado wellhead platform
Malaysia’s Sapura Energy will carry out front-end engineering and design (FEED) work for the construction and installation of the wellhead platform (WHP) for the Santos-led Dorado project, in the Bedout Sub-basin, offshore Western Australia.
Ex-Petronas head takes helm of Sapura Energy
Petronas’ former upstream head Anuar Taib will take over the running of Malaysian upstream player and leading offshore fabricator Sapura Energy as chief executive.
Sapura wins Qatari, Congolese work from Total
Sapura Energy has won a number of contracts, including pipeline works for Qatar’s Al-Khalij field, from Total E&P Golfe.
Building resilience: Creating global decom efficiencies
The universal "pause" brought on by Covid-19 has been overridden by the realisation that this pandemic and its repercussions are challenges we have to deal with and adapt to if we are to survive and thrive.
Sapura wins Cote d’Ivoire drilling
Sapura Energy will drill offshore Cote d’Ivoire in the first quarter of 2022 for Foxtrot International.
Beijing harasses Petronas and Shell off Malaysia
A four-month long standoff over oil and gas operations in the South China Sea is intensifying between Malaysian, Chinese, and Vietnamese ships, though all three governments have managed to keep it out of the public eye, until very recently.
Petrofac loses Dalma work from ADNOC
Abu Dhabi’s ADNOC has terminated two contracts for Petrofac’s joint venture on the Dalma gas development worth $1.65 billion.
Subsea 7 to pocket $100m from joint venture closure
Subsea 7 said today that it expects to receive $100million in cash dividends following the winding down of a joint venture (JV).