Sapura Energy Secures $118m Offshore Contracts in Thailand

Malaysian offshore services player Sapura Energy has secured a pair of offshore contracts in Thailand worth more than $118m, marking a fresh boost for the company’s regional backlog.

The awards were handed to Sapura’s wholly owned Thai unit, Sapura Energy (Thailand), and cover an offshore installation and removal campaign from Chevron as well as subsea inspection, repair and maintenance (IRM) work from PTTEP.

Chevron Thailand Exploration and Production and Chevron Offshore (Thailand) have tapped Sapura for installation and decommissioning work, expected to wrap up by the end of 2026. The scope will be delivered by Sapura’s engineering and construction division, which has handled similar decommissioning projects in the Gulf of Thailand, including a rig-to-reef job in 2020.

Meanwhile, PTTEP awarded Sapura IRM work involving saturation diving on its G1/61 and G2/61 assets. The operations are being carried out by Sapura’s operations and maintenance unit, using the Sapura Constructor subsea vessel.

The IRM campaign began in Q2 2025 and adds to Sapura’s ongoing subsea work for PTTEP in Malaysia.

“These awards build upon SEB’s long-standing partnership with clients in Thailand, given the group’s proven track record for similar offshore campaigns in the Kingdom,” said group CEO Muhammad Zamri Jusoh.

He added that the new jobs align with Sapura’s risk strategy, asset deployment model, and focus on core capabilities.