Its subsidiaries have secured a RM1.4 billion contract to provide offshore transportation and installation services in Angola.
More than 60% of Sapura Energy’s order book is for contracts outside of Malaysia, says group CEO Anuar Taib.
Revenue slipped to RM1.14 billion from RM1.17 billion previously, mainly due to the completion of the integrated rig drilling completion project in Q4 FY2023 in the drilling segment. Anuar said that currently, more than 60% of Sapura Energy’s order book is for contracts outside of Malaysia. The subsidiaries were Sapura Offshore Sdn Bhd, Sapura Energy DMCC and Sapura Energy Engineering & Construction, LDA.
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