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Malaysian contractor and upstream player Sapura Energy is bidding for and has its sights on new work totalling 123 billion ringgit (US$30.02 billion), of which 6% represents opportunities in the offshore wind sector.
Sapura’s current order book is valued at 13.7 billion ringgit, which includes 2020 wins such as three wellhead platforms for Saudi Aramco’s Zuluf, Ribyan and Abu Safah oilfields, and pipeline construction work at the Al-Khalij field in Qatar.
Sapura’s latest awards include the turnkey contract for Hess’ North Malay Basin full field development Phase 4A and the engineering, procurement, construction, installation and commissioning contract for the mercury removal unit for Mubadala Petroleum’s Pegaga integrated central processing platform.
Sapura has already secured around 80% of its revenues for the 2022 financial year.