SapuraKencana’s wholly-owned subsidiary, SapuraKencana Mexicana has been awarded a contract worth approximately US$113 million from Pemex. The contract is for the procurement and construction of a 36in, 18km-long sour gas pipeline (KMZ…
Malaysia's Petronas has appointed a wholly owned subsidiary Vestigo Petroleum to operate the Berantai field facilities. The facilities, about 150km offshore Malaysia, comprise of a wellhead platform connected to a floating production…
SapuraKencana Petroleum subsidiaries, Sapura Energy Ventures and Kencana Energy, along with their partner, Petrofac Energy Developments, have reached an agreement with Petronas to cease the Berantai risk service contract (RSC). The Berantai…
CNR International has has exercised an option to extend the fixed term of the lease contract for floating production, storage and offloading (FPSO) vessel Espoir Ivoirien from 2017 to 2022. The vessel produces oil from the Espoir field since 2002…
Japan's JX Nippon Oil & Gas Exploration (Malaysia) is gearing up to drill three wells offshore Malaysia after agreeing a contract for the rig for the campaign. JX Nippon is to hire the semi-tender drilling rig SKD Berani from a SapuraKencana Petroleum subsidiary…
SapuraKencana Energy Sarawak (SKE), a wholly-owned subsidiary of SapuraKencana Petroleum Berhad (SKPB) has signed the SK310 Upstream Gas Sales Agreement (UGSA) in relation to the production of gas from the B15 Gas Field between Petronas as…
We have the saying “digital oilfield” within the industry, but does it exist in reality? Audrey Raj reports. Technip CEO Thierry Pilenko. Images from OTC Asia. With offshore…
SapuraKencana Energy discovered gas in two of the three wells drilled in 2015 within the SK408 block contract area, offshore Malaysia in Sarawak. The first well Jerun-1 is approximately 5km north of the 2014 Bakong gas discovery. Based on analysis of electric log…
Seadrill has sold its remaining stake of approximately 490 million shares in SapuraKencana in a US$195 million deal. The proceeds from the share sale will provide additional liquidity and will be used for general corporate purposes. Earlier this month…
GE Oil & Gas and SapuraKencana Well Services have agreed an Asia-Pacific deal to deliver light well intervention services, which they say will unlock previously uneconomic subsea intervention activity. The strategic alliance will enable oil and gas operators to bring wells into production…
A joint venture between SapuraKencana Services and GE Power Systems, SapuraKencana GE Oil & Gas Services (SKGE) has been awarded a long term service agreement by Petroliam Nasional (PETRONAS) Floating LNG1 (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels…
Sapura Navegacao Maritima’s (SNM) fourth pipelaying support vessel (PLSV), the Sapura Jade started work with Petrobras on 14 February. The Sapura Diamante. Image from SapuraKencana. The Sapura…
Subsidiary companies within the SapuraKencana Group have been awarded contracts and extensions with a combined value of approximately US$117 million (RM503 million). Image from SapuraKencana. SapuraKencana HL Sdn…
Over the past 14 months, 44 ultra deepwater floating rigs have been scrapped, amounting to more retirements than over the past 20 years combined. The figures, presented by Seadrill in its third quarter results, serve to underline the continuing tough market conditions for offshore drillers…
SapuraKencana Energy (SKE) secured the approval from Petronas for the field development plan (FDP) for the SK310 B15 gas field development project, offshore East Malaysia. The B15 field, which was discovered in December 2010, is located…
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