Sapura Energy won $300 million offshore platform contract

Malaysian‘s Sapura Energy has signed a new contract with Azule Energy to provide offshore transportation and installation services in Angola.

The contract, valued at approximately US$300 million, was signed by Sapura Energy’s wholly owned subsidiaries Sapura Offshore, Sapura Energy DMCC and Sapura Energy Engineering & Construction. The work scope of the project includes engineering services, transportation, installation and related activities for the Quiluma and Maboqueiro platforms of the North Angola Gas Complex project.

According to Sapura Energy’s filing with Bursa Malaysia, the work is expected to be completed in the fourth quarter of fiscal 2026.

The Quiluma and Maboqueiro fields, located in shallow waters off the Angolan coast, are Angola’s first non-associated natural gas development project and will be connected to the Colasoyo LNG plant, with the aim of boosting the commercialization of natural gas and condensate. The fields are expected to produce up to 4 billion cubic feet of gas per year and are due to start production in 2026.

Sapura Energy Berhad is a global integrated energy services and solutions provider operating across the entire upstream value chain, including renewables. The Group’s spectrum of capabilities covers exploration, development, production, rejuvenation, decommissioning, and abandonment. With a highly skilled and technically capable workforce, versatile strategic assets, and strong project management capabilities, the Group today delivers its integrated solutions and expertise in over 20 countries.

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