Sapura Energy seen bidding harder after taking over Sapura 3000 vessel

Gaining full ownership of the Sapura 3000 heavy lift and pipe lay vessel is expected to make Sapura Energy more aggressive in bidding for new jobs from next year, local reports said. The company announced the termination of its SapuraAcergy joint venture with Subsea 7 and the full acquisition of the vessel last week. Sapura Energy currently is bidding for projects worth $8.1bn and has an order book of MYR15.1bn ($3.6bn). Key among the new jobs to be bidded for would be the anticipated MYR6bn worth of maintenance, construction and modification contracts to be offered in phases soon by Petronas.