Sapura Energy's Thailand unit secures RM500mil in contracts
The company received the work order from Chevron Thailand Exploration and Production Ltd and Chevron Offshore (Thailand) Ltd, and the service orders from PTT Exploration and Production Public Company Ltd and PTTEP Energy Development Company Ltd.
It said the workd order commenced in 3Q25 with completion date scheduled for 4Q26, while the service orders commenced in 2Q25 for a period of five months.
"The work order and service orders are expected to contribute positively to the earnings for the financial years ending 31 January 2026 onwards until the expiry of the work order and service orders," said Sapura Energy.
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