Malaysia’s SapuraKencana bags offshore contracts worth $454M

SapuraKencana

SapuraKencana Petroleum Bhd‘s units have bagged contracts with a combined value of $454 million.

In a filing to Bursa Malaysia, SapuraKencana said its fabrication, hook-up and commissioning division has received three contracts with a combined value of RM710 million, while its offshore construction and subsea services division has been awarded contracts worth a combined RM520 million.

“As for the drilling division, we have received two contracts (one contract award and one contract extension) for the provision of offshore drilling rigs and services with a combined value of about RM350 million,” it said.

(Malaysian Insider)

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